An old maxim holds that too much of a good thing can be bad for your health. That maxim pretty well sums up U.S. agriculture's predicament in 1994. The nation's crop producers produced record harvests and livestock producers sent record amounts of meat to the nation's meat counters. The...

Agriculture's strong financial recovery after six recession years and the Agricultural Credit Act of 1987 mark a new era in farm lending. Some farm lenders are likely to gain in the new lending environment, while others may lose.

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