KC Fed: Fewer new loans to farmers

IARN — Fewer new loans to farmers continued to drive a pullback in agricultural lending activity. The Kansas City Federal Reserve Bank reported this week that stronger prices for agricultural commodities, alongside continued support from government payments, may have reduced financing needs for some farmers and contributed to the slower pace of lending. A historically low number of new loans contributed to an increase in average loan size and drove a slight decrease in the overall volume of non-real estate loans at commercial banks in the fourth quarter. Read more

12 New Cases Of COVID-19 Reported Sunday

Northwest Iowa — Twelve additional cases of  COVID-19 were reported by the Iowa Department of Public Health Sunday in the four-county area; five each in O’Brien and Sioux Counties and two in Lyon County. Osceola County reported no new cases. Read more