The Ag lending trail

Charles M Lewis

American Bankers Association, 1998, vol. 11, issue 2

Abstract: The Louisiana Purchase, for a paltry $15 million, is generally regarded as the best real estate purchase in history. One way to measure this fact is to notice the number of agricultural banks in the Old Louisiana Purchase Territory. This territory has also spawned a disproportionate number of Farmer Mac banks. If an area has a large number of Farmer Mac banks, they tend to be more profitable banks. More profitable ag banks suggest that the area is a good agricultural area.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 1998
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