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Farm Bank Lending Increased in 2023 - Southeast AgNET

Farm Bank Lending Increased in 2023 - Southeast AgNET
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Farm bank lending increased in 2023

Agricultural loan demand increased in 2023, and agricultural lending by U.S. farm banks grew 6.7 percent to $110 billion. The American Bankers Association’s annual Farm Bank Performance Report credits elevated

Farm bank lending increased in 2023

Agricultural loan demand increased in 2023, and agricultural lending by U.S. farm banks grew 6.7 percent to $110 billion. The American Bankers Association’s annual Farm Bank Performance Report credits elevated production costs, commodity price volatility, and a return to pre-COVID levels of direct government payments. The ABA says farm banks continued to enjoy solid performance […]

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