U.S. bank farmland loans in United States

U.S. bank farmland loans in the United States was $123.68 billion in September 2026, according to the Board of Governors of the Federal Reserve System. That is up 5% from September 2025.

September 2026, USD million123,676
Change on September 2025+5%
Series high123,676September 2026
Series low81,679.7January 2015

Next release: Sunday, 8 November 2026, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

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U.S. bank farmland loans in United States, January 2015 to September 2026

80K90K100K110K120K130K2015-012016-102018-072020-042022-012023-102026-092015-01: 81,679.7 USD million2015-02: 82,260.9 USD million2015-03: 82,722.9 USD million2015-04: 83,268.8 USD million2015-05: 83,920.7 USD million2015-06: 84,664.8 USD million2015-07: 85,130.9 USD million2015-08: 85,388.2 USD million2015-09: 85,815 USD million2015-10: 86,276.2 USD million2015-11: 86,827 USD million2015-12: 87,498.7 USD million2016-01: 88,244.9 USD million2016-02: 88,594.8 USD million2016-03: 89,444.8 USD million2016-04: 90,049.2 USD million2016-05: 90,674.1 USD million2016-06: 91,008 USD million2016-07: 91,394.1 USD million2016-08: 91,626.7 USD million2016-09: 91,995.6 USD million2016-10: 92,357.4 USD million2016-11: 92,695 USD million2016-12: 92,960.3 USD million2017-01: 93,525 USD million2017-02: 93,965.6 USD million2017-03: 94,402.8 USD million2017-04: 94,681.2 USD million2017-05: 95,072.2 USD million2017-06: 95,607 USD million2017-07: 96,273.3 USD million2017-08: 96,781.4 USD million2017-09: 97,133 USD million2017-10: 97,536.4 USD million2017-11: 97,904.1 USD million2017-12: 98,297.9 USD million2018-01: 98,549.4 USD million2018-02: 98,893.1 USD million2018-03: 99,307 USD million2018-04: 99,630.7 USD million2018-05: 99,988.3 USD million2018-06: 100,489.8 USD million2018-07: 100,452 USD million2018-08: 100,866.3 USD million2018-09: 101,300.3 USD million2018-10: 101,688.8 USD million2018-11: 101,901.1 USD million2018-12: 102,208.3 USD million2019-01: 102,579 USD million2019-02: 102,836.8 USD million2019-03: 103,049.4 USD million2019-04: 103,550.9 USD million2019-05: 103,934.8 USD million2019-06: 103,802.8 USD million2019-07: 101,922.9 USD million2019-08: 102,064.3 USD million2019-09: 102,118 USD million2019-10: 102,310.9 USD million2019-11: 102,365.2 USD million2019-12: 102,363.8 USD million2020-01: 102,277.1 USD million2020-02: 102,544.6 USD million2020-03: 102,646.5 USD million2020-04: 102,938.8 USD million2020-05: 102,777.1 USD million2020-06: 102,430 USD million2020-07: 102,206.9 USD million2020-08: 101,828.6 USD million2020-09: 101,622.1 USD million2020-10: 101,210.6 USD million2020-11: 100,732.3 USD million2020-12: 100,430.1 USD million2021-01: 100,296 USD million2021-02: 100,141.4 USD million2021-03: 100,116.1 USD million2021-04: 99,891.4 USD million2021-05: 99,633.1 USD million2021-06: 100,107.2 USD million2021-07: 100,742.2 USD million2021-08: 101,151.8 USD million2021-09: 101,499.7 USD million2021-10: 101,962.6 USD million2021-11: 102,686.5 USD million2021-12: 103,519.9 USD million2022-01: 103,774.6 USD million2022-02: 104,115.7 USD million2022-03: 104,295.3 USD million2022-04: 105,163.4 USD million2022-05: 106,095.5 USD million2022-06: 106,943.7 USD million2022-07: 107,682.4 USD million2022-08: 108,320.5 USD million2022-09: 108,731 USD million2022-10: 109,770.2 USD million2022-11: 110,709.7 USD million2022-12: 111,459.2 USD million2023-01: 111,260 USD million2023-02: 111,761.2 USD million2023-03: 111,922.1 USD million2023-04: 111,898.6 USD million2023-05: 112,153.8 USD million2023-06: 112,604.2 USD million2023-07: 112,704.7 USD million2023-08: 113,141.4 USD million2023-09: 113,418.3 USD million2023-10: 113,666.9 USD million2023-11: 113,870.8 USD million2023-12: 114,149 USD million2024-01: 114,331.1 USD million2024-02: 114,475.3 USD million2024-03: 114,935.2 USD million2024-04: 115,300.4 USD million2024-05: 115,393.1 USD million2024-06: 115,502.2 USD million2024-07: 115,448.3 USD million2024-08: 115,611.2 USD million2024-09: 115,820.3 USD million2024-10: 115,881.2 USD million2024-11: 115,962.4 USD million2024-12: 116,141 USD million2025-01: 116,285.5 USD million2025-02: 116,482.1 USD million2025-03: 116,586.9 USD million2025-04: 116,808.5 USD million2025-05: 117,151.8 USD million2025-06: 117,280.6 USD million2025-07: 117,675 USD million2025-08: 117,759.7 USD million2025-09: 117,795.9 USD million2025-10: 118,297 USD million2025-11: 119,008.9 USD million2025-12: 119,415.6 USD million2026-01: 120,010.4 USD million2026-02: 120,534.6 USD million2026-03: 120,427.6 USD million2026-04: 121,429.1 USD million2026-05: 121,815.4 USD million2026-06: 122,294.2 USD million2026-07: 122,648.2 USD million2026-08: 123,017 USD million2026-09: 123,676 USD million80K100K120K140K2015-012018-122022-112026-092026-09: 123,676 USD million
USD million. Source: Federal Reserve Board, H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank farmland loans, seasonally adjusted monthly average, USD million (B1216NCBAM). Retrieved 2026-10-16, published 2026-10-16.
All 141 values
PeriodUSD million
2026-09123,676
2026-08123,017
2026-07122,648.2
2026-06122,294.2
2026-05121,815.4
2026-04121,429.1
2026-03120,427.6
2026-02120,534.6
2026-01120,010.4
2025-12119,415.6
2025-11119,008.9
2025-10118,297
2025-09117,795.9
2025-08117,759.7
2025-07117,675
2025-06117,280.6
2025-05117,151.8
2025-04116,808.5
2025-03116,586.9
2025-02116,482.1
2025-01116,285.5
2024-12116,141
2024-11115,962.4
2024-10115,881.2
2024-09115,820.3
2024-08115,611.2
2024-07115,448.3
2024-06115,502.2
2024-05115,393.1
2024-04115,300.4
2024-03114,935.2
2024-02114,475.3
2024-01114,331.1
2023-12114,149
2023-11113,870.8
2023-10113,666.9
2023-09113,418.3
2023-08113,141.4
2023-07112,704.7
2023-06112,604.2
2023-05112,153.8
2023-04111,898.6
2023-03111,922.1
2023-02111,761.2
2023-01111,260
2022-12111,459.2
2022-11110,709.7
2022-10109,770.2
2022-09108,731
2022-08108,320.5
2022-07107,682.4
2022-06106,943.7
2022-05106,095.5
2022-04105,163.4
2022-03104,295.3
2022-02104,115.7
2022-01103,774.6
2021-12103,519.9
2021-11102,686.5
2021-10101,962.6
2021-09101,499.7
2021-08101,151.8
2021-07100,742.2
2021-06100,107.2
2021-0599,633.1
2021-0499,891.4
2021-03100,116.1
2021-02100,141.4
2021-01100,296
2020-12100,430.1
2020-11100,732.3
2020-10101,210.6
2020-09101,622.1
2020-08101,828.6
2020-07102,206.9
2020-06102,430
2020-05102,777.1
2020-04102,938.8
2020-03102,646.5
2020-02102,544.6
2020-01102,277.1
2019-12102,363.8
2019-11102,365.2
2019-10102,310.9
2019-09102,118
2019-08102,064.3
2019-07101,922.9
2019-06103,802.8
2019-05103,934.8
2019-04103,550.9
2019-03103,049.4
2019-02102,836.8
2019-01102,579
2018-12102,208.3
2018-11101,901.1
2018-10101,688.8
2018-09101,300.3
2018-08100,866.3
2018-07100,452
2018-06100,489.8
2018-0599,988.3
2018-0499,630.7
2018-0399,307
2018-0298,893.1
2018-0198,549.4
2017-1298,297.9
2017-1197,904.1
2017-1097,536.4
2017-0997,133
2017-0896,781.4
2017-0796,273.3
2017-0695,607
2017-0595,072.2
2017-0494,681.2
2017-0394,402.8
2017-0293,965.6
2017-0193,525
2016-1292,960.3
2016-1192,695
2016-1092,357.4
2016-0991,995.6
2016-0891,626.7
2016-0791,394.1
2016-0691,008
2016-0590,674.1
2016-0490,049.2
2016-0389,444.8
2016-0288,594.8
2016-0188,244.9
2015-1287,498.7
2015-1186,827
2015-1086,276.2
2015-0985,815
2015-0885,388.2
2015-0785,130.9
2015-0684,664.8
2015-0583,920.7
2015-0483,268.8
2015-0382,722.9
2015-0282,260.9
2015-0181,679.7

Revision history

The September 2026 figure was revised once after Invokely first recorded it, from $123.36 billion to $123.68 billion.

Periods with a revised value or a changed status, newest first. Values in USD million; dates are when Invokely recorded each version (UTC).
PeriodFirst recordedLatestRevisionsStatus changesFirst recorded onLast revised on
September 2026123,357.9123,67610
August 2026123,016.2123,01710
July 2026122,648.3122,648.210
June 2026122,296.2122,294.210

Every version, with its dates and source, is available through the get_revisions tool and the /api/v1/revisions endpoint. Methodology

Definition

Seasonally adjusted monthly average balance of loans secured by farmland and held by U.S. commercial banks, in USD million. H.8 includes farmland used for grazing and pasture (Federal Reserve H.8, item 17).

H.8 covers commercial banks in the 50 states and the District of Columbia, including domestically chartered banks, U.S. branches and agencies of foreign banks, and Edge Act and agreement corporations. It excludes International Banking Facilities, U.S. territories, savings institutions, credit unions, and consumer finance companies. The XML date is the calendar month-end label, but each monthly level is a pro rata average of estimated weekly Wednesday balances, not a month-end balance. These are balance-sheet stocks, not new lending or loan originations. Some indicators are aggregates with their components also listed, so an aggregate and its components should not be added together. Federal Reserve notes document reporting and category reclassifications that can affect levels; published H.8 growth rates adjust for major nonbank structural changes and accounting changes, while the levels shown here retain these breaks and may not be comparable across them.

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How to cite

Board of Governors of the Federal Reserve System. H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank farmland loans, seasonally adjusted monthly average, USD million (B1216NCBAM). https://www.federalreserve.gov/releases/h8/current/. Retrieved 2026-10-16.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

Board of Governors of the Federal Reserve System. (2026). H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank farmland loans, seasonally adjusted monthly average, USD million (B1216NCBAM) (U.S. bank farmland loans, United States, 2015-01 to 2026-09) [Data set]. Retrieved October 16, 2026, from https://www.federalreserve.gov/releases/h8/current/

MLA 9

H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank farmland loans, seasonally adjusted monthly average, USD million (B1216NCBAM), U.S. bank farmland loans, United States, 2015-01 to 2026-09. Board of Governors of the Federal Reserve System, 16 Oct. 2026, https://www.federalreserve.gov/releases/h8/current/. Invokely, https://invokely.ai/en/us-bank-farmland-loans/united-states. Accessed 16 Oct. 2026.

Chicago (author-date)

Board of Governors of the Federal Reserve System. 2026. H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank farmland loans, seasonally adjusted monthly average, USD million (B1216NCBAM). U.S. bank farmland loans, United States, 2015-01 to 2026-09. Dataset. Accessed October 16, 2026. https://www.federalreserve.gov/releases/h8/current/. Also distributed by Invokely, https://invokely.ai/en/us-bank-farmland-loans/united-states.

Harvard

Board of Governors of the Federal Reserve System (2026) H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank farmland loans, seasonally adjusted monthly average, USD million (B1216NCBAM), U.S. bank farmland loans, United States, 2015-01 to 2026-09 [Dataset]. Available at: https://www.federalreserve.gov/releases/h8/current/, via Invokely: https://invokely.ai/en/us-bank-farmland-loans/united-states (Accessed: 16 October 2026).

BibTeX
@misc{board_u_s_bank_farmland_2026,
  author = {{Board of Governors of the Federal Reserve System}},
  title = {{H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank farmland loans, seasonally adjusted monthly average, USD million (B1216NCBAM): U.S. bank farmland loans, United States, 2015-01 to 2026-09}},
  year = {2026},
  howpublished = {Data set},
  url = {https://www.federalreserve.gov/releases/h8/current/},
  urldate = {2026-10-16},
  note = {Accessed via Invokely, https://invokely.ai/en/us-bank-farmland-loans/united-states. Publisher attribution: Board of Governors of the Federal Reserve System. H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank farmland loans, seasonally adjusted monthly average, USD million (B1216NCBAM). https://www.federalreserve.gov/releases/h8/current/. Retrieved 2026-10-16.},
}
RIS
TY  - DATA
AU  - Board of Governors of the Federal Reserve System
TI  - H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank farmland loans, seasonally adjusted monthly average, USD million (B1216NCBAM): U.S. bank farmland loans, United States, 2015-01 to 2026-09
PY  - 2026
DA  - 2026/10/16
PB  - Board of Governors of the Federal Reserve System
DB  - Invokely
UR  - https://www.federalreserve.gov/releases/h8/current/
L2  - https://invokely.ai/en/us-bank-farmland-loans/united-states
Y2  - 2026/10/16
N1  - Accessed via Invokely, https://invokely.ai/en/us-bank-farmland-loans/united-states.
N1  - Publisher attribution: Board of Governors of the Federal Reserve System. H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank farmland loans, seasonally adjusted monthly average, USD million (B1216NCBAM). https://www.federalreserve.gov/releases/h8/current/. Retrieved 2026-10-16.
ER  - 
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Questions

What is the U.S. bank farmland loans in United States?

U.S. bank farmland loans in the United States was $123.68 billion in September 2026, according to the Board of Governors of the Federal Reserve System. That is up 5% from September 2025.

Where does this figure come from?

Board of Governors of the Federal Reserve System. H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank farmland loans, seasonally adjusted monthly average, USD million (B1216NCBAM). Retrieved by Invokely on 2026-10-16.

What was the highest U.S. bank farmland loans in United States?

$123.68 billion in September 2026, the highest value since January 2015 in this series.

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