Low crop prices and less overall income are beginning to take a toll on ag operations.
A study from the Kansas City Fed found that 60 percent of farm lenders are reporting lower income, including much of the Midwest. Lenders are reporting a slip in farm finances, slowing of loan repayment rates, and some having trouble making payments altogether.
Income is down across the board, but states relying on crop production are appearing the hardest hit.
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