farm credit use to expand moderately in 2002 lending which has been growing since 1992 is expected rise again last year us farmers held 192 8 billion loans for a of 1 9 percent 196 5 forecast the smallest annual growth decade with limited or no gains commod ity prices this following relatively low levels 2001 and uncer tainties about future direct gov ernment payments lenders may be more cautious adding debt also moderating demand are high government recent years adequate working capital sizable off earnings interest rates on increase during 03 borrowers including likely encounter rising 2003 after enjoying declining mid 2000 upward pres sure comes from economic rebound that began late stronger business tighter domestic monetary policy gradually accelerating eco nomic loan expect ed less than most because historic adjustment lag
