Surprise: FCS increases its ag lending market share

American Bankers Association

American Bankers Association, 2003, vol. 16, issue 4

Abstract: According to data recently published by the USDA's Economic Research Service, total farm business debt owed to the FCS increased to 30.3% of all farm business debt, up from 28.3% in 2001 and 26.4% in 2000. During the 2000-2002 period, the FCS boosted its market share by almost 4 percentage points. Banking's market share peaked at 41.5% in 2000, after rising steadily for 19 years, and then dropped to 40.5% in 2001 and 39.4% in 2002, after rising steadily for 19 years, and then dropped to 40.5% in 2001 and 39.4% in 2002, a loss of 2 percentage points of share in the 2000-2002, a loss of 2 percentage points of share in the 2000-2002 period.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 2003
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