National Ag News
Farm delinquency rates trend higher
Apr 25, 2017, 16:25 PM
by
System
An ag economist says farm delinquency rates are trending higher.
Purdue University’s David Widmar says as farm incomes decline and financial conditions continue to erode concerns about farmers’ ability to repay farm debt increase. “The fourth quarter of 2016 for non-real estate farm loans 1.47 percent of all loans were delinquent – according to the Federal Reserve,” he says. “This is up from a little less than 1 percent at the end of 2015.
Continue reading Farm delinquency rates trend higher at Brownfield Ag News.
