Year-end level from the U.S. Department of Agriculture, Economic Research Service, balance sheet of the U.S. farming sector. Sum of Farm debt, Real estate, Farm Credit System and Farm debt, Real estate, Farmer Mac. For years with missing annual benchmark data the series is set equal to farm mortgages held by Farm Credit System from government-sponsored enterprises ( FOF series FL403065643.Q) less farm mortgages on farm houses, which is presumed constant as of the last available benchmark. 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