Printer Friendly
Email to a Friend
Planting Corn
OMAHA, Neb. (AP) - Economists from the Federal Reserve Bank of Kansas City say more borrowers raising livestock and row crops in Nebraska and surrounding states are struggling to repay loans as commodity prices stay low.
The Omaha World-Herald reports that bankers surveyed for the regional Fed's latest report on agricultural credit conditions indicated continued problems in the second quarter.
More lenders reported a growth in the volume of borrowers with repayment problems as well as a higher number of denied loan applications compared to last year.
Nebraska bankers say they haven't denied more loans to borrowers, but that financial situations are definitely getting tighter.
Todd Adams, chief executive of Adams Bank & Trust in Ogallala, says it's concerning that borrowers haven't been profitable for two years in a row.
© Associated Press
MOST VIEWED STORIES
New driver mistake crashes store, injures one
Woman arrested in Brown Co after being clocked at 100-plus
Effort launched to recall Falls City Mayor
Special honors for late local area soldier
Federal lawsuit filed over Holton investigation
Jury finds Holton man guilty on charges
Hearing postponed for man charged in murder of Seneca priest
Tutor terminated at South Brown Co USD 430
Hiawatha's fireworks ban to remain in place
Former Atchison teacher promoted to principal position
Groundbreaking ceremony held for new Hiawatha softball field
Atchison hwy closure planned for bridge removal
Atchison, Amelia Fireworks, in running for nation's #1
U-S Attorney's Office warns of scam attempts
1st of 2 public hearings re: Atchison Co Lake future held
Brown Co Sheriff appointed to state commission
Falls City seeking additional electrical source
LATEST STORIES
New details released in fatal shooting of Seneca priest
U-S Attorney's Office warns of scam attempts
Effort launched to recall Falls City Mayor
Topeka man arrested after Jackson Co traffic stop
Legislative coffees set in Atchison, Wathena
Jury finds Holton man guilty on charges
Brown Co Sheriff appointed to state commission
1st of 2 public hearings re: Atchison Co Lake future held
RELATED STORIES
Antique tractor drive to end in Falls City
FSA County Committee Nominations Open June 15
Grain Dryer Fire at Falls City Facility
Ag Waste As Renewable Fuel Study
Livestock Friendly Designation for Richardson Co
Farm To School Conference Set for Nebraska City
Southeast Nebraska No-Till Meeting Scheduled
Hiawatha, Ks 66434