Deterioration in Farm Financial Conditions Remains Gradual

Ty Kreitman

Economic Bulletin, 2026, 4

Abstract: Despite continued weakness in the crop sector, farm financial conditions have tightened only gradually, and stress remains limited. Loan delinquency rates remain low, average farmland values have been stable, and leverage in the sector remains modest. Direct government payments have limited losses for crop operations and provided modest relief, while strong cattle prices have boosted incomes in many areas.

Date: 2026
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