As Expected, Farm Loan Volumes are Up

The Kansas City Federal Reserve reported farm loan volume up 20% for their district.

Aug 14, 2024

∙ Paid

a large building with a pool in front of it with Union Station in the background — Photo by Farhodjon Chinberdiev on Unsplash

The Kansas City Federal Reserve released their latest Ag Finance Update, and it shows that farm loan volumes are up 20%.

New operating loans were up 20% from the same period last year and up 12% in the latest quarter, primarily due to increased production costs and less liquidity in the farm sector.

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