Wealth and Capital Allocations of Today’s Agricultural Borrowers, Pt. 2

From Ag Lender Magazine - The first article in this series introduced a new way to segment a lender’s customer base by household income, wealth and other characteristics. Six groups or “segments” comprise the U.S. Farm Household Typology: Single Income Ruralpolitan (SIR), Double Income Ruralpolitan (DIR), Active Seniors (AS), Farm Operator with Spouse Working Off Farm (FOSOFF), Traditional Farm (TRAD), and Commercial Farm (COM). In the first article, implications of each respective segment’s sources of income were discussed. In this second installment, we focus on the implications of each segment’s variation in amount of capital and wealth.