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Published online by Cambridge University Press: 28 April 2015
With public attention increasingly focused on the farm financial crisis, it seems fitting to examine in some depth the financial positions and lending experiences of agricultural banks. We will briefly present our perceptions of the farm situation and why conditions have deteriorated in the farm sector over the past decade. An overall look at national and regional farm debt follows with emphasis on the share extended by commercial banks. Following a look at the general banking environment, we then turn to a comprehensive examination of the situation in the Southeast defined here as the states partially or totally included in the Sixth Federal Reserve District (Alabama, Florida, Georgia, Louisiana, Mississippi, and Tennessee).