News

K.C. Fed: Regional farm sector stress intensifies

The farm economy in the Tenth Federal Reserve District—the Kansas City district–weakened in the first quarter of 2017, but conditions varied from east to west.

The Kansas City Fed’s quarterly survey of agricultural credit conditions shows farm income, loan repayment rates, and the value of most types of farmland all trended lower in each of the district’s seven states. However, deterioration in the western portion of the district was more severe than in the east because of persistent weakness in cattle and wheat markets.

The Tenth District includes Nebraska, Kansas, western Missouri, Colorado, Oklahoma, New Mexico and Wyoming.