Nate Kauffman, vice president and Omaha branch executive, Kansas City Federal Reserve
Kansas City Federal Reserve ag economist Nate Kauffman says farm lending at commercial banks softened again in the second quarter amid the ongoing coronavirus pandemic and a more pessimistic outlook for the ag economy.
“We did continue to
see a pullback in lending—that’s been a continuation of the trend of the past
few quarters, specifically for non-real estate loans,” Kauffman says.
