Rabu, 20 Juli 2011

KC Fed Report: Equipment Sales Loans Plunge, Input Cost Loans Surge, and Farm Loan Delinquency Rates are Heading Upwards

In a recently released July report from the Federal Reserve Bank of Kansas City, I've excerpted portions indicating a quarterly decline in agricultural lending conditions based on bank statistics from Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of western Missouri and northern New Mexico. Loan momentum has shifted to short term coverage for high input costs. Note that equipment