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
Couple arrested on drug charges after traffic stop
Hartman sentencing in the hands of judge
Fr. Courtney disciplined by Lincoln Diocese
Traffic stop sends driver to DHS custody
Competency evaluation sought for man charged in murder of Seneca priest
Update: Atchison boil water advisory lifted
Longtime BC Dean, leader, remembered
New Sabetha city administrator hired
Property damage in DUI leaves Iowa man charged
Hearing set on proposed Nemaha Co Land Development Code
Topeka man arrested after Jackson Co pursuit and manhunt
Grand Opening held for Underground Railroad exhibit in Falls City
Ozawkie man injured in Jeff Co crash
Woman arrested in Jackson Co on meth charge
Sheriff's Office releases 3rd quarter 2025 patrol statistics
Public health advisories lifted for two local lakes
KDOT approves bids for area projects
Pay increase approved for Hiawatha city employees
LATEST STORIES
Doniphan Co RWD no longer under boil water advisory
Property damage in DUI leaves Iowa man charged
Probation for LV woman convicted in child death
New Sabetha city administrator hired
Woman arrested in Jackson Co on meth charge
Boil water advisory rescinded for Atchison Co RWD 5C
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