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St Paul district seeks aid after multi state losses
Farm Credit Services of St Paul files with the Farm Credit System Capital Corporation seeking assistance after a second quarter net operating loss of 210.7 million dollars. The district serves Minnesota Michigan North Dakota and Wisconsin and cites weakened farm incomes and falling land prices. Northwest Territory reports a 5.7 million year to date loss with 35 thousand quarterly loss before adjustments. Rod Rommel notes ongoing pressures on borrowers.
MENTIONED IN THIS ARTICLE
Farm Credit Services of
St. Paul, Minn
Federal Farm Credit Administration
St. Paul
Minnesota
Michigan
North Dakota
Wisconsin
Congress
Williams
Northwest Territory
River Falls