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Leaner Profits Drive Farm Loan Growth

Leaner Profits Drive Farm Loan Growth

In doing some research on the Farm Profitability outlook for 2015, I came across this article by the Federal Reserve Bank of Kansas City. The article struck me because it’s saying with commodity pricing down and inputs still at a high, Growers are basically being forced to get short term loans just to get their crops in and out of the fields. This decrease in farm income affects not only the grower and their family but the surrounding community as well.

http://kansascityfed.org/research/indicatorsdata/agfinance/index.cfm#/articles/research/afd/2015/first-quarter/ag-finance-dbk-1Q-2015.cfm