Farm Businesses Well-Positioned Financially, Despite Rising Debt

Kevin Patrick and Jennifer Ifft ( April, 2014 )

Summary

Farm businesses’ borrowing decisions can affect their growth and survival, as well as the economic vitality of farm-dependent rural communities. During the early 1980s, farm income plummeted and interest rates rose rapidly, leaving many farm businesses that relied on debt to finance their operations over-extended.

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Details

Organization

Economic Research Service

Publisher

United States Department of Agriculture

Publication Views

770

Material Type

Written Material