Farm Income

Federal Reserve Says Farm Income Weaker In 1st Quarter
OMAHA, Neb. (AP) — The Federal Reserve says farm income growth slowed across the Plains and western states in the first quarter as costs increased and the drought lingered. The Federal Reserve Bank of Kansas City, Mo., said Wednesday that the growth in farm income has slowed this year because…
Strong Farm Income Means Higher Profit For Ag Banks
OMAHA, Neb. (AP) — The Federal Reserve Bank of Kansas City says strong farm income in Midwest and Western states improved agricultural banks’ balance sheets but reduced demand for new loans. The Fed released a new report on agricultural credit conditions on Wednesday The Fed said bank …