Wed. Dec 6th, 2023

According to, the agricultural economy in the Tenth District of the Kansas City Fed has weakened in recent quarters due to a decrease in commodity prices and heightened production costs. As a result, farm income and loan repayment rates have been lower than they were a year ago for the second consecutive quarter. This decline is particularly notable in areas heavily affected by drought, though less so in areas primarily concentrated in cattle production. Despite these challenges, agricultural real estate values in the region have remained stable, thanks to strong finances over the past two years that have supported continued loan performance.

By Editor

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