Farm loan repayment rates down, collateral demand up
Agricultural credit conditions have decayed in recent quarters, with loan repayment rates down, loan demand on the rise, and some lenders requiring increased collateral, according to reports from Federal Reserve banks in Chicago and Minneapolis.
New officers assume seats at Indiana state FFA convention
Last Thursday, in what was the final session of this year’s Indiana FFA State Convention, seven new faces were nominated and chosen to serve on the officer team.