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Agricultural finance current market data shows agricultural
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Current market data shows agricultural finance leaders posting a 6.3% YoY increase in loan portfolios, signaling steady demand for farm equipment financing. The sector’s P/E ratio averaged 14.7 this week, suggesting valuations remain attractive compared to broader financial indices. The last time cropland in North Dakota saw a rapid rise in land values from 2008 to 2013, there was about a seven-year period to follow where land prices and rental rates completely flattened from 2014 to 2020. (FRANKFORT, Ky.) â The Kentucky Agricultural Finance Corp. (KAFC) approved 20 agricultural loans totaling $3,369,563 for projects across the Commonwealth at its monthly board meeting.