Understanding Increasing Debt Levels on Illinois Grain Farms
Bradley Zwilling
farmdoc daily, 2025, vol. 14, issue 53
Abstract:
Agricultural debt on a nominal basis in Illinois has been increasing since 1991. Data from the U.S. Department of Agriculture (USDA) and Illinois Farm Business Farm Management (FBFM) are shown to see if increasing debt levels pose problems for the financial health of Illinois farms. With projected lower incomes and higher interest rates, increasing debt levels need to be monitored closely.
Keywords: Agribusiness; Financial Management (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ags:illufd:358553
DOI: 10.22004/ag.econ.358553
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