Dallas Fed Releases Q4 Ag Survey

January 4, 2018 10:21 AM
 
 

Each quarter, the Federal Reserve Bank of Dallas releases its agricultural survey to gauge ag credit conditions in the Eleventh District, known for cattle, cotton and oil.

For a ninth consecutive quarter, demand for ag loans decreased while loan renewals and extensions increased.

According to the Dallas Fed, loan repayments stabilized after falling during the third quarter.

Ranchland and dryland values saw increases this quarter, and irrigated cropland values saw a decrease.

The bankers who responded to the survey are expecting farmland values in the district to trend upward in the next few month.

During December 5 through December 13, 127 bankers responded to the survey.

Back to news


Comments

 
Spell Check

C.K
bad axe, MI
1/6/2018 07:11 AM
 

  Lands going back up ,so go mortgage your land for another year to keep going it's the new fad in farm country . Add to the $200,000.00 owed by every man ,women and child in credit market debt in this country. No wonder we have a opioid addiction problem in this country , how are you going to pay your share of the $70,000,000,000,000.00 trillion owed on credit in this country ?

 
 

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close