TY - EJOUR AB - Agricultural loan portfolios remain healthy, despite 2 years of low farm commodity prices. Most farm lenders continue to report strong profitability and good loan quality. The spillover of lower commodity prices onto farm loan portfolios has been mitigated by a large federal safety net. Even without any further federal assistance, USDA forecasted in September 1999 that direct federal payments to farmers could hit $15.5 billion in 1999, 2nd only to the 1987 record. As long as federal transfers to farmers remain high, the effect of low commodity prices on the performance of agricultural loans will likely remain subdued. AU - Koenig, Steven R DA - 1999 DA - 1999 EP - 11 EP - 10 ID - 336502 IS - 01 JF - Journal of Agricultural Lending KW - Agricultural Finance L1 - https://ageconsearch.umn.edu/record/336502/files/ers2022-23-0459.pdf L2 - https://ageconsearch.umn.edu/record/336502/files/ers2022-23-0459.pdf L4 - https://ageconsearch.umn.edu/record/336502/files/ers2022-23-0459.pdf LA - eng LA - English LK - https://ageconsearch.umn.edu/record/336502/files/ers2022-23-0459.pdf N2 - Agricultural loan portfolios remain healthy, despite 2 years of low farm commodity prices. Most farm lenders continue to report strong profitability and good loan quality. The spillover of lower commodity prices onto farm loan portfolios has been mitigated by a large federal safety net. Even without any further federal assistance, USDA forecasted in September 1999 that direct federal payments to farmers could hit $15.5 billion in 1999, 2nd only to the 1987 record. As long as federal transfers to farmers remain high, the effect of low commodity prices on the performance of agricultural loans will likely remain subdued. PY - 1999 PY - 1999 SP - 10 T1 - Agricultural loan portfolios remain healthy TI - Agricultural loan portfolios remain healthy UR - https://ageconsearch.umn.edu/record/336502/files/ers2022-23-0459.pdf VL - 13 Y1 - 1999 T2 - Journal of Agricultural Lending ER -