Home Real Estate Farm Real Estate Debt Grows in First Quarter and NASCAR Ethanol Milestone

Farm Real Estate Debt Grows in First Quarter and NASCAR Ethanol Milestone

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Farm Real Estate Debt Grows in First Quarter and NASCAR Ethanol Milestone

From the Ag Information Network, I’m Bob Larson with the Agribusiness Update.

**Farm real estate debt at commercial banks grew modestly in the first quarter, while production loans remained steady.

The Kansas City Federal Reserve Bank says alongside soaring farmland values, real estate loan balances increased at the fastest pace in four years and drove an increase in overall ag lending.

The farm economy remained strong alongside decade-high commodity prices that continued to support farm finances.

**The National Cattlemen’s Beef Association lauded the signing of a U.S.-Japan agreement to increase the Beef Safeguard Trigger level under a trade agreement between the two countries.

Kent Bacus, NCBA senior director of international trade and market access, says the…

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