Farm loan delinquencies greatest in 9 years as costs slump

Farm loan delinquencies greatest in 9 years as costs slump

WICHITA, Kan. (AP) — The nation’s farmers are struggling to cover back loans after many years of low crop rates and a backlash from international buyers over President Donald Trump’s tariffs, with an integral federal government system showing the greatest standard rate in at the very least nine years.

Numerous agricultural loans come due around Jan. 1, in part to offer manufacturers time that is enough offer crops and livestock and also to provide them with more flexibility in timing interest re payments for income tax filing purposes. Continue reading “Farm loan delinquencies greatest in 9 years as costs slump”