Farm Real Estate Loan Delinquencies Reach New Low
Agricultural Economics Insights
JUNE 9, 2024
Despite falling net farm incomes , rising interest expenses , and generally low producer sentiment , farm loan delinquencies improved in 2023. Farm real estate loan delinquencies Across all commercial banks, the share of farm real estate loans classified as delinquent fell to just 0.91% in the fourth quarter of 2023 (Figure 1).
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