Farm Loan Delinquencies and Bankruptcies Are Rising Farm Bankruptcy Filings Rise 13%
Posted by:
Tariff Wars Are So Easy
()
Date: November 09, 2019 11:20AM
Following several years of low farm income and rising debt levels, a review of Federal Deposit Insurance Corporation quarterly call report data reveals that the delinquency rates for commercial agricultural loans in both the real estate and non-real estate lending sectors are at a six-year high.
For the first quarter of 2019, 2.5% of commercial real estate loans in agriculture were more than 30 days past due, up from 2.1% in the prior quarter and above the historical average of 2.1%. Similarly, 2.3% of non-real estate loans in agriculture held by commercial lenders were more than 30 days past due, up from 1.5% in the prior quarter and above the historical average of 1.7%. The first quarter of 2013 was the last time delinquency rates were this high for commercial lenders. Figure 1 highlights the delinquency rate for both real estate and non-real estate loans held by commercial lenders.
For the first quarter of 2019, 2.5% of commercial real estate loans in agriculture were more than 30 days past due, up from 2.1% in the prior quarter and above the historical average of 2.1%. Similarly, 2.3% of non-real estate loans in agriculture held by commercial lenders were more than 30 days past due, up from 1.5% in the prior quarter and above the historical average of 1.7%. The first quarter of 2013 was the last time delinquency rates were this high for commercial lenders. Figure 1 highlights the delinquency rate for both real estate and non-real estate loans held by commercial lenders.
Re: Farm Loan Delinquencies and Bankruptcies Are Rising Farm Bankruptcy Filings Rise 13%
Posted by:
Trump is Good For Farmer LOLOLOL
()
Date: November 09, 2019 11:22AM
Re: Farm Loan Delinquencies and Bankruptcies Are Rising Farm Bankruptcy Filings Rise 13%
Posted by:
So you're saying...
()
Date: November 09, 2019 12:57PM
That it's Obama's fault...
"annual average loan delinquency rates have increased for 24 consecutive quarters"
And the rates are lower than levels hit under Clinton, Bush, and Obama.
"annual average loan delinquency rates have increased for 24 consecutive quarters"
And the rates are lower than levels hit under Clinton, Bush, and Obama.
Re: Farm Loan Delinquencies and Bankruptcies Are Rising Farm Bankruptcy Filings Rise 13%
Posted by:
Farm Aid 1985
()
Date: November 09, 2019 01:06PM
Re: Farm Loan Delinquencies and Bankruptcies Are Rising Farm Bankruptcy Filings Rise 13%
Posted by:
okboomer
()
Date: November 09, 2019 01:41PM
Tariff Wars Are So Easy Wrote:
-------------------------------------------------------
> Following several years of low farm income and
> rising debt levels, a review of Federal Deposit
> Insurance Corporation quarterly call report data
> reveals that the delinquency rates for commercial
> agricultural loans in both the real estate and
> non-real estate lending sectors are at a six-year
> high.
>
> For the first quarter of 2019, 2.5% of commercial
> real estate loans in agriculture were more than 30
> days past due, up from 2.1% in the prior quarter
> and above the historical average of 2.1%.
> Similarly, 2.3% of non-real estate loans in
> agriculture held by commercial lenders were more
> than 30 days past due, up from 1.5% in the prior
> quarter and above the historical average of 1.7%.
> The first quarter of 2013 was the last time
> delinquency rates were this high for commercial
> lenders. Figure 1 highlights the delinquency rate
> for both real estate and non-real estate loans
> held by commercial lenders.
Congratulations. You win the Internet for having the worst thread title in FFU history. Faggot.
-------------------------------------------------------
> Following several years of low farm income and
> rising debt levels, a review of Federal Deposit
> Insurance Corporation quarterly call report data
> reveals that the delinquency rates for commercial
> agricultural loans in both the real estate and
> non-real estate lending sectors are at a six-year
> high.
>
> For the first quarter of 2019, 2.5% of commercial
> real estate loans in agriculture were more than 30
> days past due, up from 2.1% in the prior quarter
> and above the historical average of 2.1%.
> Similarly, 2.3% of non-real estate loans in
> agriculture held by commercial lenders were more
> than 30 days past due, up from 1.5% in the prior
> quarter and above the historical average of 1.7%.
> The first quarter of 2013 was the last time
> delinquency rates were this high for commercial
> lenders. Figure 1 highlights the delinquency rate
> for both real estate and non-real estate loans
> held by commercial lenders.
Congratulations. You win the Internet for having the worst thread title in FFU history. Faggot.