Indiana farm loan delinquencies were down slightly last month compared to the same time last year. But, that doesn’t mean farmers aren’t worried about their financial health.
Indiana’s United States Department of Agriculture Farm Service Office says they are currently lending to about 1,500 farmers, and just shy of 1 percent of them are behind on their loans.
Steve Brown is Indiana’s Farm Service Agency Executive Director. He says it will take some time for farmers to feel the impacts of delayed planting this spring.