Farm banks are doing well but face many challenges

Cofer, Richard,

American Bankers Association, 2001, vol. 14, issue 4

Abstract: In the aggregate, farm banks experienced a decade of strong financial performance in the 1990s. Farm banks have continued to report healthy conditions despite a depressed farm economy. However, stress cracks in the farm banks' condition are apparent. Government payments and off-farm income have played important roles in preventing the cracks from deepening; Nonetheless, significant changes in given areas, or a significant and widespread crop failure, could cause the stress cracks to expand.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 2001
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