Banker Comments from the Third District

Yields on fall crops in 2017 significantly higher, should result in improved cash flow and liquidity even with current prices. – Southcentral Kansas. With low commodity prices we expect most of our farm customers to lose money or at best breakeven. – Southcentral Nebraska. We have seen consecutive "No-Sale" on land auctions. – Northeast Nebraska. Poor commodity prices and very little moisture are going to lead to another difficult renewal season. – Northeast Colorado. Overall the health of our Ag portfolio is healthy with experienced operators. – Southwest Oklahoma. Customers have been adjusting living expenses and slowed purchasing upgrades in machinery and equipment. – Northeast Kansas. Through our area we expect some wonderful yields that will make up for some of the price drops, but it may not be enough for the highly leveraged borrower. – Southeast Nebraska.
The cow/calf industry is seeing slightly higher revenues over last year; however, expenses have also increased. Overall financial performance should be steady. – Southeast Wyoming. We have a big concern the current corn and bean prices will not cash flow enough to pay off operating loans as well as make payments on term debt. – Southwest Missouri. Livestock prices are helping to hold heads above water right now. Soybean prices are at break even, but corn prices are below cost of production. – Southeast Kansas. The farming conditions are very challenging as crop prices continue to drift south and working capital is stressed during these times – Northwest Wyoming