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Farm banks are doing well but face many challenges

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  • Cofer, Richard, Jr

Abstract

In the aggregate, farm banks experienced a decade of strong financial performance in the 1990s. Farm banks have continued to report healthy conditions despite a depressed farm economy. However, stress cracks in the farm banks' condition are apparent. Government payments and off-farm income have played important roles in preventing the cracks from deepening; Nonetheless, significant changes in given areas, or a significant and widespread crop failure, could cause the stress cracks to expand.

Suggested Citation

  • Cofer, Richard, Jr, 2001. "Farm banks are doing well but face many challenges," American Bankers Association, American Bankers Association > Journal of Agricultural Lending, vol. 14(4).
    • Handle: RePEc:ags:abajal:336594
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    File URL: https://ageconsearch.umn.edu/record/336594/files/ers2022-23-0552.pdf
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