Debt, income and farm financial stress
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.
Year of publication: |
2010
|
---|---|
Authors: | Briggeman, Brian C. |
Published in: |
Main Street Economist. - Federal Reserve Bank of Kansas City. - 2010, 6
|
Publisher: |
Federal Reserve Bank of Kansas City |
Saved in:
freely available
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