2016-08-13zerohedge.com

``2Q 2016 agricultural updates from the Federal Reserve Banks of Chicago, Kansas City and St. Louis indicate continued income, credit and farmland price deterioration for Midwest farmers.  Lender surveys also suggest that as many as 30% of Midwest farmers are having problems paying loan balances.  Declining asset values and incomes have also caused banks to tighten lending standards which has only served to accelerate the decline. ''



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