Farmers Thriving As Income, Land Value Grow
KSCB News - May 14, 2011 2:50 pm
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The Federal
The Fed said Friday tha
The Federal
The Fed said Friday that robust farm income in region helped
drive cropland values up roughly 20 percent over last year.
The 10th Federal Reserve District, based in Kansas City, Mo.,
covers Kansas, Nebraska, Oklahoma, Wyoming, Colorado, northern New Mexico and western Missouri.
The Federal
to invest in land and equipment. Bankers throughout the district
reported an increase in the number of farmers using cash as a down
payment on land purchases.
And demand for loans remained weak in the first quarter because
many farmers had enough cash to cover their production expenses.
t robust farm income in region helped
drive cropland values up roughly 20 percent over last year.
The 10th Federal Reserve District, based in Kansas City, Mo.,
covers Kansas, Nebraska, Oklahoma, Wyoming, Colorado, northern New Mexico and western Missouri.
The Federal
to invest in land and equipment. Bankers throughout the district
reported an increase in the number of farmers using cash as a down
payment on land purchases.
And demand for loans remained weak in the first quarter because
many farmers had enough cash to cover their production expenses.