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Wednesday, April 21, 2021

Farm Loan Delinquency Rates Slightly Lower In 2017

The latest farm loan delinquency numbers show Kansas farmers are faring better than many had feared as spring planting gets underway.

The U.S. Agriculture Department’s Farm Service Agency says its direct loan delinquencies in Kansas fell slightly to 6 percent as of March 31. That compares to 6 and a half percent at the same time a year ago.

Farm Loan Chief Robert White says the agency is pleased and surprised. He credits good crop yields the past couple of years for lessening the impact of low crop prices.

But he notes that the loan delinquency rate for March 2012 was under 4 percent.

The agency also guarantees some loans made by commercial banks and those are faring worse compared to last year at this time.

 

Derek Nesterhttps://sunflowerstateradio.com
Derek Nester was born and raised in Blue Rapids and graduated from Valley Heights High School in 2000. He attended Cowley College in Arkansas City and Johnson County Community College in Overland Park studying Journalism & Media Communications. In 2002 Derek joined Taylor Communications, Inc. in Salina, Kansas working in digital media for 550 AM KFRM and 100.9 FM KCLY. Following that stop, he joined Dierking Communications, Inc. stations KNDY AM & FM as a board operator and fill-in sports play-by-play announcer. Starting in 2005 Derek joined the Kansas City Chiefs Radio Network as a Studio Coordinator at 101 The Fox in Kansas City, a role he would serve for 15 years culminating in the Super Bowl LIV Championship game broadcast. In 2021 he moved to Audacy, formerly known as Entercom Communications, Inc. and 106.5 The Wolf and 610 Sports Radio, the new flagship stations of the Kansas City Chiefs Radio Network, the largest radio network in the NFL. Through all of this, Derek continues to serve as the Digital Media Director for Sunflower State Radio, the digital and social media operations of Dierking Communications, Inc. and the 6 radio stations it owns and operates across Kansas.

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