Though the myriad challenges of 2020 for crop and livestock producers continue, the most recent Federal Reserve Beige Book shows credit conditions in the ag sector have recovered slightly from earlier in the year. Crop yield potential has largely improved since the last survey of ag stakeholders in early July, as have market prices for livestock, grains and other ag products since the supply chain disruptions earlier in the year caused by the COVID-19 pandemic. Overall, ag lenders told the Fed they expect continued pressure on farm incomes and lower capital spending through the remainder of 2020. One major focal point moving ahead will be ag export sales, namely to China. See more from the latest Beige Book.