Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   

Agricultural News


Federal Reserve Bank of Kansas City Reports that Farm Loan Interest Rates Edged Higher During Q1

Fri, 04 May 2018 12:18:14 CDT

Federal Reserve Bank of Kansas City Reports that Farm Loan Interest Rates Edged Higher During Q1 Interest rates on farm loans continued to increase in the first quarter of 2018, according to the latest Ag Finance Databook report from the Federal Reserve Bank of Kansas City's Omaha Branch.



Following a prolonged period of historically low rates, interest rates on most types of farm loans at commercial banks have increased between 1.0 and 1.5 percentage points since 2015. Although farm debt also has continued to rise alongside higher rates, the increase in interest expense has remained relatively small.



Additional increases in rates could put more pressure on some farm operations, but delinquency rates on farm loans remained low through 2017, and the performance of most agricultural banks has remained solid.


While, interest rates on farm loans have continued to inch higher, the report concludes that increases have only had a rather modest effect on producersí overall expenses. Despite the modest increase in interest expenses, higher interest rates typically are expected to place downward pressure on farmland values, which may still have a more significant effect on farm finances than interest expenses directly. Farmland values, however, have continued to remain relatively steady and, even in a higher interest rate environment, have provided ongoing stability to farm sector balance sheets and agricultural lending.



Read the complete release, here.


Source - Federal Reserve Bank of Kansas City, Omaha Branch





   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • National Cotton Council Thanks USDA and Secretary Purdue for Reopening of County FSA Offices to Serve Farmers and Ranchers   Tue, 22 Jan 2019 17:53:10 CST
  • Oklahoma's Angus Genetics Highlighted at 2019 National Western Angus Carload & Pen Show  Tue, 22 Jan 2019 16:12:06 CST
  • Kynlee Dailey of Kingston, OK Claims Res. Grand Champion Female at National Western Junior Show  Tue, 22 Jan 2019 16:01:17 CST
  • Oklahoma Well-Represented at 2019 National Western Stock Show's Super Point ROV Angus Show  Tue, 22 Jan 2019 15:42:16 CST
  • Produce Safety Alliance Grower Training Course to Be Held in Woodward January 29 - Register Now  Tue, 22 Jan 2019 15:00:27 CST
  • Trump Directs USDA to Reopen FSA Offices for Additional Services During Government Shutdown  Tue, 22 Jan 2019 14:48:50 CST
  • Steer and Heifer Calves Sell Steady to 2.00 Higher on Tuesday at OKC West Livestock in El Reno  Tue, 22 Jan 2019 14:43:19 CST
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Tuesday, January 22, 2019  Tue, 22 Jan 2019 14:39:49 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Livestock Exchange Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Oklahoma City Farm Show Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com


       
       
    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.