Farm lending activity accelerated in the first quarter of 2022 due to a significant increase in the size of operating loans. With the recent surge in input costs, the volume of loans has also increased sharply from a year ago.
Nate Kauffman with the Federal Reserve Bank of Kansas City spoke with RFD-TV’s own Suzanne Alexander on the factors driving this trend, if it will continue, and farmland values.
Related:
USDA debt relief legislation would help farmers unable to get regular loans
Update on 2022 farmland market trends
Farm debt at banks stabilizing; farmland values expected to stay firm
