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Kansas City Fed Update: Ag Lending, Farmland Values, and Farm Income

“Non-real estate lending increased significantly in the third quarter, according to the National Survey of Terms of Lending to Farmers. The total volume of non-real estate farm loans was more than 30 percent higher than a year ago.  This sharp growth in farm lending followed steady increases earlier in 2018 and represents the largest annual percentage increase in the third quarter since 2002.”

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Farm Policy News
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