Farm loan delinquencies greatest in 9 years as prices slump

Farm loan delinquencies greatest in 9 years as prices slump

WICHITA, Kan. (AP) — The nation’s farmers are struggling to pay for straight straight back loans after several years of low crop rates and a backlash from international buyers over President Donald Trump’s tariffs, with a vital federal government system showing the best default price in at the very least nine years.

Numerous agricultural loans come due around Jan. 1, in part to provide manufacturers time that is enough offer alabama installment loans no credit check plants and livestock and also to provide them with more flexibility in timing interest re payments for income tax filing purposes. Continue reading “Farm loan delinquencies greatest in 9 years as prices slump”