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| This is the KC Fed Economic Bulletin:
https://www.kansascityfed.org/Economic%20Bulletin/documents/9999/Eco...
The chart is based on a Survey of Agricultural Credit Conditions. "Notes: Bars show average response across all survey participants. Respondents were asked approximately what
percent of farmland loans in their bank’s portfolio werescheduled to reprice in the next six months, the next seven
to 12 months, the next 13 to 18 months or more than 18 months into the future.
Sources: Federal Reserve Banks of Kansas City, Minneapolis, Richmond, and St. Louis."
Also: "According to the USDA’s Agricultural Resource Management Survey, around 45 percent of U.S. corn and soybeans farms owned all land operated in 2022, around 40 percent owned a portion of land operated but rented the remainder, and about 15 percent rented all land operated."
 (Screenshot from 2024-02-29 23-39-46 (full).png)
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 Screenshot from 2024-02-29 23-39-46 (full).png (41KB - 122 downloads)
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Doesn't sound good if this is true.
