date:Aug 16, 2012
year, but he expects that softness to harden, especially as farmers start moving toward harvest. The same is true for livestock farmers. But, on the bright side, at least there's plenty of money for those loans, and low interest rates will make it inexpensive to acquire.
Bankers expected loan demand to strengthen in the third quarter as drought boosted production costs. Poor pastures prompted many cow/calf producers to pay higher forage costs. Rising corn prices were also increasing the costs fo