Spike in big U.S. farm loans may add risk to ag banks -KC Fed
18 Oct Spike in big U.S. farm loans may add risk to ag banks -KC Fed
Posted at 16:12h
in
News
by KMFSLLP
A sharp jump in U.S. farmers
seeking operating and equipment loans of at least $1 million
fueled a spike in agricultural lending in the third quarter of
2018, as trade worries added to economic strain in the farm
sector, the Federal Reserve Bank of Kansas City said on Friday.
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