Posted by W_B on March 05, 2013 at 07:12:12 from (155.188.183.17):
Another real estate bubble just waiting to burst?...
Agricultural production and farmland loan balances at U.S. commercial banks have increased above and beyond pre-financial crisis levels, according to an analysis by SNL Financial.
Farmland lending has grown from over $52 billion in 2006 to over $72 billion at the end of last year, while ag production lending has grown just over 19% for the same period. Total bank loan portfolio lending rose 17.7% over the same period.
Farmland values have increased right along with farmland loan balances, so much so that many fear a farmland bubble in the works. The Federal Reserve Bank of Kansas City reports that "...crop land values posted year-over-year gains of more than 20% for the seventh consecutive quarter … ranch land values surged nearly 20%." The Federal Reserve Bank of Chicago reports that the district's 2012 annual increase of 14% in agricultural land values was the third-largest increase in 35 years, after adjusting for inflation.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Upgrading an Oliver Super 55 Electrical System - by Dennis Hawkins. My old Oliver Super 55 has been just sitting and rusting for several years now. I really hate to see a good tractor being treated that way, but not being able to start it without a 30 minute point filing ritual every time contributed to its demise. If it would just start when I turn the key, then I would use it more often. In addition to a bad case of old age, most of the tractor's original electrical system was simply too unreliable to keep. The main focus of this page is to show how I upgr
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
