Farm income continues to slump, now entering its fifth year of the downturn.
Economist Cortney Cowley with the Kansas City Federal Reserve Omaha branch says bankers tell the fed while grain prices continue to show weakness, there has been an uptick in cattle prices. . .

Cowley says while cash flow has been tight, farmland values haven’t dropped drastically, providing producers with equity to service their loans. . .

Though the slump in the agricultural economy enters its fifth year, farmland values dropped only three-percent in the first quarter.