Midwest Farm Crises: Loan Repayment Issues Hit Highest Level Since 1999

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Reuters examined a new farm survey by the Federal Reserve Bank of Chicago on Thursday that detailed farm loans at Midwest banks are having the most repayment difficulties in 20 years in 2Q19.

Following six years of falling farm income and rising debt levels, and the recent addition of record floods across the Farm Belt and the trade war between the US and China, a farm crisis on par to the 1980s could be imminent.

Learn More:
https://www.zerohedge.com/news/2019-08-16/midwest-farm-loan-repayment-issues-hit-highest-level-1999

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