Economics at your fingertips  

Farmers’ Choice of Credit among the Farm Credit System, Commercial Banks, and Nontraditional Lenders

Brady E. Brewer, Jason Bergtold (), Allen Featherstone () and Christine A. Wilson

Journal of Agricultural and Resource Economics, 2019, vol. 44, issue 2

Abstract: Understanding the factors that affect a farmer’s credit source is useful for lending institutions to more effectively target customers and provides insight into credit sources that would be affected sooner if a credit crisis would occur and the characteristics that are correlated with a customer using a particular lending institution. Results of this paper suggest that the customers of commercial banks would be the most at risk as they are the most leveraged. Results also show that as conditions deteriorate, farmers add more lending institutions and are also more likely to use a commercial bank or nontraditional lender.

Keywords: Environmental Economics and Policy; Financial Economics; Risk and Uncertainty (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link) ... Brewer%2C362-379.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.22004/ag.econ.287984

Access Statistics for this article

More articles in Journal of Agricultural and Resource Economics from Western Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

Page updated 2022-11-07
Handle: RePEc:ags:jlaare:287984