Journal Article
Interest Expenses on Farmland Debt Could Challenge Farm Profitability
Kreitman, Ty (2024-02-14)
From 2021 through 2023, farmland values and then interest rates grew, raising interest expenses for cropproducers. These higher interest expenses could considerably reduce returns for producers with high levelsof land debt. These producers may need large cash down payments to reach profitability with new orrefinanced debt.
Economic Bulletin

Journal Article
The Outlook for Farmland Values amid Higher Interest Rates
Kauffman, Nathan; Cowley, Cortney (2019-04-10)
In 2018, the spread between returns to farmland owners and benchmark interest rates narrowed to its lowest level in more than a decade in the Tenth Federal Reserve District. At the same time, farmland sales increased in some states for the first time in several years. Together, the reduced spread and indications of increased sales in some regions suggest the potential for lower farmland values moving forward.
Economic Bulletin , Issue April 10, 2019 , Pages 3