Year-end level from the U.S. Department of Agriculture, Economic Research Service, balance sheet of the U.S. farming sector, Farm debt, Real estate, Commercial banks. For years with missing annual benchmark data the series is set equal to farm mortgages from US chartered depository institutions call reports ( FOF series FL763065600.Q) less farm house mortgages, which is presumed constant as of the last available benchmark year. Data are annual; series is converted to quarterly by linear interpolation with estimates for current quarters obtained by extrapolation. Transactions are calculated as the change in level. Data for the most recent ten years show no significant seasonality.
Last edited on: 09/07/2017