Farmland, News Desk

Mixed Results from the Kansas City Fed


The agricultural sector in the Tenth Federal Reserve District, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of Missouri and New Mexico, recently reported varied results for the first quarter of 2017. Although farm income continues to fall off, the rate of decline was at a much slower pace than in previous years. More than 200 banks across the district were surveyed, and their forecasts were generally more optimistic than in previous years. As one banker in Eastern Nebraska put it: “We have had excellent crop yields over the past three years. This has helped farmers in repaying their loans with little, if any, carryover debt.”
Click here to read more.

READ MORE
Please sign me up to receive breaking news and updates from The Land Report:
Print & Gift
Subscriptions Available

RELATED ARTICLES

News Desk

Sold! 193 Acres of State Trust Land in Arizona

Land values in the Greater Phoenix area have rebounded enough to convince the Arizona State …

News Desk

Sold! Tres Hermanos Ranch Sells for Less than Half of Appraised Value

The Orange County Register reports that the City of Industry paid $41.6 million for 2,500 …