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KANSAS CITY FED: AG BANKERS SIGNAL STRONG RECOVERY IN FARM FINANCE
Source: Federal Reserve Bank of Kansas City

Farm income and agricultural credit conditions improved significantly according to agricultural lenders across major portions of the U.S. in the fourth quarter. Despite tumultuous conditions related to the ongoing pandemic throughout 2020, the prices of several key agricultural commodities increased sharply in the final months of the year.

Dramatic improvements in crop prices drove the sharpest turnaround in agricultural lending conditions in more than a decade.

To read the report click here.


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