Drought cut Tenth District farm incomes in the third quarter, especially for livestock producers, boosting demand for farm operating loans, according to the Federal Reserve Bank of Kansas City's quarterly Survey of Agricultural Credit Conditions. The drought had little impact, however, on District farmland markets. Read the full report at http://www.kansascityfed.org/research/indicatorsdata/agcredit/index.cfm?ealert=agcr1112.
For additional information, visit the Federal Reserve Bank of Kansas City's website. http://www.kansascityfed.org/