Click Cover to Read Digital Edition

AVAILABLE IN THE APP STORE
iPAD APP
iPHONE APP

UPCOMING EVENTS

 
Shared Servicing & Outsourcing
Feb. 23-24
San Francisco
 
ABA Mutual Community Bank Conference
March 1-5
Gaylord Palms Resort
Orlando
 
ABA Mutual Community Bank Conference
March 22 & 23
Marriott Marquis
Washington, D.C.
 
Card Forum & Expo
April 8-10
Marriott
Chicago
More events >  

<- Back

Share |

Print Friendly and PDF

KC Fed: Livestock Loans Raise Farm Lending

 

May 1 - Commercial banks boosted lending to livestock operators in the first quarter, according to the Federal Reserve System's Agricultural Finance Databook.

The databook states, "According to a February survey of national commercial banks, bank lending for livestock purchases rose to its highest level in almost a decade. High feeder cattle prices kept loan volumes to cattle feedlots elevated. With expectations of further declines in crop and feed prices during 2013, the potential for improved profits also supported lending activity to other livestock operations."

Click here to read more.


Back