Spot market data indicates higher short-term loan demand from farmers, propelling agricultural finance transaction volumes up 7% year-to-date. In Southern California, Orange County ranked 6th, Ventura County 11th, San Diego County 12th, Los Angeles County was 18th, Riverside County 25th, San Bernardino County 28th, and Imperial County 53rd wealthiest in the state, respectively. In the Central Valley, Tulare County ranked 46th, San Joaquin County ranked 27th, and Shasta County ranked 42nd. On the Central Coast, Monterey County ranked 16th in the state. Get the latest in banking news and expert insights with ABA Email Bulletins—customized to your role and interests. Global agricultural finance markets recorded an uptick in cross-border lending activity, driven by Asian demand for modern irrigation systems. The sector’s ROE averaged 13.2%, outperforming banking benchmarks.
