date:Aug 16, 2012
The end of June saw ag lenders already looking for declining farm incomes when it's all said and done for 2012, according to the most recent survey of ag credit conditions conducted by the Federal Reserve Bank of Kansas City. It's a story that, for the second quarter of the year, started with one extreme and ended with the other, says the Fed's 10th District Omaha Branch Executive Jason Henderson.
After early spring rains, emerging drought conditions wilted District farm income expectations dur