Multiple Factors lead to Decline in Cattle Production
Recent shocks related to the pandemic, weather, and a cyber attack led to a decline in demand for cattle at processing plants and a weak price environment for cattle producers
Federal Reserve Bank of Kansas City
Fed Says Some Livestock Loans Reaching All-time Highs
Though many agricultural lenders have seen a decline in operating loans over the past year, demand for livestock loans is growing and in some cases, reaching all-time highs.
Farm Income and Credit Conditions Continue to Improve
Alongside a sharp turnaround in agricultural economic conditions and lasting support from government programs related to pandemic relief, both farm income and loan repayment rates increased from a year ago.
Fed Reserve Beige Book Reveals Improved Agricultural Economy
Expectations for farm income in 2021 strengthened across sectors in April and early May according to the latest edition of the Federal Reserve Beige Book.
Agribusiness Report: Esther George
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Esther George, President & CEO of the Federal Reserve Bank of Kansas City.
Ag Credit Conditions Improving, Though Slowly for Cattlemen
After a sharp rebound at the end of 2020, conditions in the broad agricultural economy continued to improve alongside additional increases in crop prices.
Financial Stress on Farms Easing With Economic Improvements
Economic and financial conditions in U.S. agriculture continued to strengthen in the first quarter alongside ongoing increases in the prices of major row crops.
2020 Government Payments Led to Improved Farmer Profitability
Farm loan demand remained muted at commercial banks in the first quarter of 2021.
Agricultural Banks Remain Financially Strong, Farm Loans Declining
Agricultural loan balances at commercial banks reached a five-year low in the fourth quarter and continued to shift toward farm real estate.
KC Federal Reserve: Signs Point to Agricultural Recovery
Economic conditions in agriculture improved dramatically in the fourth quarter of 2020 alongside sharp increases in the prices of several major commodities, according to the Federal Reserve Bank of Kansas City.