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Journal Article
Interest Expenses on Farmland Debt Could Challenge Farm Profitability
From 2021 through 2023, farmland values and then interest rates grew, raising interest expenses for cropproducers. These higher interest expenses could considerably reduce returns for producers with high levelsof land debt. These producers may need large cash down payments to reach profitability with new orrefinanced debt.
Journal Article
Long-Run Uncertainties for U.S. Agriculture : Agricultural Symposium 2019
Changes in global food and fuel demand, the effects of climate change, and regional depletion of groundwater resources for irrigation create uncertainty for U.S. farmers.