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Headwinds to ag outlook remain despite strength in exports

Some agricultural commodity prices in the U.S. got a boost from exports over the summer, but elevated exports seemed to only keep prices for some commodities from dropping further. Low commodity prices in late 2016 have put downward pressure on farm income, credit conditions, such as repayment rates for farm loans, and farmland values. Read more on the ag outlook from this full report by the Federal Reserve Bank.

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