FARM BUSINESS NEWS
Marcia Zarley Taylor DTN Executive Editor
Tue Apr 22, 2014 03:12 PM CDT


Not 1979 All Over Again


Farmers, economists and financial analysts continue to debate whether today's robust farm finances could weather a protracted downturn--something on the order of a possible decade of depressed commodity prices averaging $4 corn and $10 soybeans as USDA and others now forecast. In other words, did grain producers salt away enough reserves during their glory days of 2006-2012 to tide them over now that the cycle is reversing?

A recent USDA report gave the nation's 900,000 full-time farmers the best financial grades in at least 20 years, as measured by remarkably low debt ...

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