American Bankers Association Report: Farm Bank Lending Increased to $103.1B in 2022
WASHINGTON, March 24 (TNSrpt) -- The American Bankers Association issued the following news release:
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Banks reported holding over 1.1 million small farm loans worth $69 billion.
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Despite headwinds in 2022 due to supply chain disruptions, shocks to supply and demand, volatility in commodity prices, and geopolitical uncertainty, agricultural lending by U.S. farm banks increased 8.1% in 2022 to $103.1 billion, according to the American B . . .
* * *
Banks reported holding over 1.1 million small farm loans worth $69 billion.
* * *
Despite headwinds in 2022 due to supply chain disruptions, shocks to supply and demand, volatility in commodity prices, and geopolitical uncertainty, agricultural lending by U.S. farm banks increased 8.1% in 2022 to $103.1 billion, according to the American B . . .