IDEAS home Printed from https://ideas.repec.org/p/ags/uersab/309510.html
   My bibliography  Save this paper

Recent Developments at the Farm Credit System

Author

Listed:
  • Hughes, Merritt R.

Abstract

Rapid decreases in the number of Farm Credit System (PCS) loans to farmers during the 1980's severely strained the system. One strain on FCS income was the buildup of its allowance for loan losses. Another strain was on net interest income, which declined due to reduced volume of assets, as well as increased interest rates on debt. Legislation in 1987 reorganized the FCS, provided for up to $4 billion in assistance, and established new FCS institutions. FCS has now slowed the decline in its loan volume and improved its returns. It still faces a long road to complete recovery, with much of the cost of consolidating institutions, bailing out failing institutions, and restructuring loans still ahead.

Suggested Citation

  • Hughes, Merritt R., 1989. "Recent Developments at the Farm Credit System," Agricultural Information Bulletins 309510, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersab:309510
    DOI: 10.22004/ag.econ.309510
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/309510/files/aib572.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.309510?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uersab:309510. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ersgvus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.