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Surprise: FCS increases its ag lending market share

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  • American Bankers Association

Abstract

According to data recently published by the USDA's Economic Research Service, total farm business debt owed to the FCS increased to 30.3% of all farm business debt, up from 28.3% in 2001 and 26.4% in 2000. During the 2000-2002 period, the FCS boosted its market share by almost 4 percentage points. Banking's market share peaked at 41.5% in 2000, after rising steadily for 19 years, and then dropped to 40.5% in 2001 and 39.4% in 2002, after rising steadily for 19 years, and then dropped to 40.5% in 2001 and 39.4% in 2002, a loss of 2 percentage points of share in the 2000-2002, a loss of 2 percentage points of share in the 2000-2002 period.

Suggested Citation

  • American Bankers Association, 2003. "Surprise: FCS increases its ag lending market share," American Bankers Association, American Bankers Association > Journal of Agricultural Lending, vol. 16(4).
  • Handle: RePEc:ags:abajal:336688
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    File URL: https://ageconsearch.umn.edu/record/336688/files/ers2022-23-0646.pdf
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