F.221 Farm Mortgages (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2021 2022 2023 2024 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 Line
All sectors; farm mortgages; asset FA893065603 35.8 10.0 10.2 15.6 15.5 15.5 15.7 15.7 13.8 1
Corporate farm business; farm mortgages; liability FA183165603 10.7 3.4 3.3 4.9 5.3 4.8 4.7 4.9 4.1 2
Noncorporate farm business; farm mortgages; liability FA233165605 25.1 6.6 6.9 10.7 10.3 10.8 10.9 10.8 9.7 3
All sectors; farm mortgages; asset FA893065603 35.8 10.0 10.2 15.6 15.5 15.5 15.7 15.7 13.8 4
Households and nonprofit organizations; farm mortgages; asset FA153065605 9.4 -5.9 2.7 -1.6 -0.2 -0.9 -2.6 -2.5 -1.7 5
Nonfinancial noncorporate business; farm mortgages; asset FA113065603 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6
Federal government; farm mortgages; asset FA313065605 1.2 1.0 1.1 1.5 1.2 1.7 1.4 1.6 1.1 7
State and local governments; farm mortgages; asset FA213065603 -0.1 -0.0 -0.2 0.0 0.0 0.0 0.0 0.0 0.0 8
U.S.-chartered depository institutions; farm mortgages; asset (USDA) FA763065633 4.0 6.2 1.8 4.9 4.9 4.9 5.0 5.0 4.4 9
Foreign banking offices in the U.S.; farm mortgages; asset FA753065603 0.0 0.0 -0.1 0.1 0.0 -0.0 0.4 -0.0 -0.2 10
Credit unions; farm mortgages; asset FA473065603 0.2 0.2 0.2 0.1 -0.0 0.3 0.1 0.2 0.2 11
Life insurance companies; farm mortgages on farm land; asset FA543065633 2.1 1.3 0.0 1.0 1.0 1.0 1.0 1.0 0.9 12
State and local government employee defined benefit retirement funds; farm mortgages; asset FA223065643 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13
Government-sponsored enterprises; farm mortgages; asset FA403065605 18.7 7.2 4.0 9.2 8.4 8.4 10.2 9.7 8.5 14
Agency-and GSE-backed mortgage pools; farm mortgages; asset FA413065605 0.3 -0.1 0.7 0.3 0.1 0.2 0.2 0.6 0.6 15

NOTES

  1. Excludes mortgages on farm houses.
Last Update: June 12, 2025