U.S. farm debt

The two biggest providers of farm credit, commercial banks and the government-sponsored Farm Credit System, have built up loan portfolios in recent years largely on the back of farmland valuations, which are now falling.

Non-real estate debt

Real estate debt

Trouble in the "I-states"

Trouble in the "I-states"

Rising debt and delinquencies pose a serious threat to the Midwest grain sector, which has seen commodity prices plummet since 2012.

Non-Performing Bank Loans

Loans vs. Net Income

NOTE: Non-performing bank loans include FDIC reports of agriculture loans that are 90-plus days past due and in non-accrual status; Farm loans and leases are all those issued by FDIC banks
Sources: FDIC; USDA
By Travis Hartman | REUTERS GRAPHICS