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Debt, income and farm financial stress

Brian Briggeman ()

Main Street Economist, 2010, issue 6

Abstract: Farmers have significantly increased their debt levels in recent years. Since 2004, real farm debt has risen nearly 5 percent annually, the fastest increase since the prelude to the 1980s farm debt crisis. Today?s rising debt raises questions about whether U.S. farm operations will face financial stress in the future.

Date: 2010
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Handle: RePEc:fip:fedkms:y:2010:n:6