More Iowa farmers face trouble securing financing as planting season nears

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BPC Staff | Apr 15, 2019 | 4:34 pm |

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| 61 words | All Latest News, Economic Development, Energy, Statewide News

Dozens of Iowa farmers may be unable to get operating loans to buy seed, pay rent or make tractor payments this year, a sign of the growing cracks in the state's ag economy.

Des Moines Register: Dozens of Iowa farmers may be unable to get operating loans to buy seed, pay rent or make tractor payments this year, a sign of the growing cracks in the state’s ag economy. Nearly 3 percent of Iowa farm borrowers will be unable to get renewed financing, the Chicago Federal Reserve reported, based on a survey of lenders.