Federal Reserve: Bank of Minneapolis: "Over $4 Billion of Farmland Loans Will Reprice at Higher Interest Rates in 2024"
November 26, 2024
November 26, 2024
MINNEAPOLIS, Minnesota, Nov. 26 -- The Federal Reserve Bank of Minneapolis issued the following analysis on November 21, 2024, by Tait Berg entitled "Over $4 billion of farmland loans will reprice at higher interest rates in 2024":
Here are excerpts:
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Interest rates for farmland loans increased dramatically since 2021, according to recent agricultural credit survey results. Rising nearly 4 percent in the last three years, farmland interest r . . .
Here are excerpts:
* * *
Interest rates for farmland loans increased dramatically since 2021, according to recent agricultural credit survey results. Rising nearly 4 percent in the last three years, farmland interest r . . .