House Ag credit hearing December 2019 Steve Handke.jpg House Agriculture Committee
Picture in the center, Steve Handke, regional president and chief administrative officer at First Option Bank in Osawatomie, Kan., testifies before the House Agriculture Committee on Dec. 11.

Ag economic conditions show credit red flags

Farm banks and farm credit services have stable ag loan portfolios but remain concerned about rural economic conditions.

In testimony before the House Agriculture Committee on Dec. 11, Marc Knisely, president and chief executive officer of AgCountry Farm Credit Services, testifying on behalf of the Farm Credit System (FCS), stated that the multiple years of lower commodity prices have started to hit hard.

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