The St. Louis Fed’s Agricultural Finance Monitor quarterly reports on regional agricultural financial conditions, as well as bankers’ expectations of farmland values, farm loan repayment rates, required collateral, farm loan interest rates and credit supply and demand.

Despite historic drought conditions, crop producers and lenders in Eighth District states appear likely to exit the year in satisfactory financial condition, but the situation is somewhat different for livestock producers.

After prospering at record rates in 1996 and '97, farmers experienced a sobering setback last year. Will the future on the farm be grim or grand?

Eighth District farmers are living high off the hog after last year's generous yields.