摘要：A survey of 425 agricultural bankers across the Seventh Federal Reserve District indicates that farmland values as of the end of September were unchanged from three months earlier and up less than 2 percent from a year ago. Furthermore, over three-fourths of the surveyed bankers believe land values will remain stable during the current quarter. The survey also found that farm loan demand, while easing this summer, still exceeded year-earlier levels at many banks. Supplies of funds for lending to farmers remained adequate, and interest rates continued to decline. However, recent and expected farm loan repayment rates reflect the weaker financial performance experienced by many District farm borrowers this year.
