Home / News / Business news / Farmland value gains slowing, survey shows

Farmland value gains slowing, survey shows

Agriculture.com Staff 11/28/2006 @ 8:47am

Farm credit conditions stabilized in the third quarter, but gains in farmland values for all types of land in the Tenth Federal Reserve District posted the smallest gains since early 2004, according to the Federal Reserve Bank of Kansas City's quarterly Survey of Agricultural Credit Conditions.

The Tenth Federal Reserve District encompasses Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico and western Missouri.

This survey of 278 bankers in the Tenth Federal Reserve District also cited high input costs and drought-related losses as negative forces on farm income statements. The index of farm loan demand was flat in the third quarter, while the index of loan fund availability inched higher.

The survey also found interest rates on new farm loans continuing to move higher in the third quarter. While farm income edged lower in the third quarter, the outlook from respondents for the fourth quarter improved somewhat due in part to easing drought conditions in some areas and higher crop prices.

Farm credit conditions stabilized in the third quarter, but gains in farmland values for all types of land in the Tenth Federal Reserve District posted the smallest gains since early 2004, according to the Federal Reserve Bank of Kansas City's quarterly Survey of Agricultural Credit Conditions.

CancelPost Comment

Farm Loans 02/14/2013 @ 5:16am It can be quite complex to work out the farm land values, interest rates for farm loans, collateral level based on documentation and land value, and the rest of it. I entrusted all this to the capable hands of a loan representative from Farm Plus Financial. Their website www.farmloans.com made a lot of sense to me and I was right in judging them. I have got just the kind of farm loan I needed for improving my agricultural operations.

Report Abuse Reply
MORE FROM AGRICULTURE.COM STAFF more +

Farm and ranch risk management resources By: 07/07/2010 @ 9:10am Government resources USDA Risk Management Agency Download free insurance program and…

Major types of crop insurance policies By: 07/07/2010 @ 9:10am Crop insurance for major field crops comes in two types: yield-based coverage that pays an…

Marketing 101 - Are options the right tool… By: 07/07/2010 @ 9:10am "If you are looking for a low risk way to protect yourself against prices moving either higher or…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Soybeans Rally on Demand, Weather