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.
Details
| Organization | Economic Research Service |
| Publisher | United States Department of Agriculture |
| Publication Date | April, 2014 |
| Publication Views | 705 |
| Material Type | Written Material |
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