Farm financial stress rising, but no credit crisis looming
News Farm financial stress rising, but no credit crisis looming
An ag economist says he doesn’t expect the financial pressures facing farmers to spiral out of control.
Nathan Kauffman with Federal Reserve Bank of Kansas City says while some producers are facing stress, broader credit conditions are relatively stable. “Even though you’re seeing a pretty significant increase in operating loans and negative profit margins, it’s not leading to what we would call a crisis where you’re seeing a significant deterioration in credit quality.”
Speaking on a recent University of Nebraska-Lincoln webinar, he said access to farmland has been key. “To the extent that land values remain strong, those producers that have equity built up in land, that ensures some ...










