Banker Comments from the Tenth District

Savings and equity have helped with this year’s loan requests, but liquidity is getting tighter every day. – Eastern Nebraska Cash flows in 2018 suggest that liquidity will decline. This latest run-up in the markets should help some. – Eastern Nebraska  The past year turned out to be every  bit as difficult for area producers as we feared. Most borrowers lost working capital. At today's crop prices, cash flows are breakeven at best. – Southwest Nebraska  We are seeing a lot of shortages in cash flows. We are also seeing large amounts of carryover debt that are having to be restructured over longer periods of time. – Western Kansas  We are seeing some customers selling assets, such as farmland, to cover debts. – Southeast Nebraska  We have lost some loan volume due to rate pressure and have downgraded or not renewed some crop loans due to losses. – Northcentral Nebraska  Crops look dismal because of drought, and debt restructure or foreclosure could rise accordingly. – Northwest Oklahoma  Irrigated cropland is at a premium in our area, and irrigated cropland values have increased this spring. – Northcentral Wyoming  Wheat yields will be affected by dry conditions. Producers are moving irrigation to corn, and we expect much higher irrigation fuel costs compared to last year. – Northeast New Mexico