A recent U.S. Department of Agriculture forecast predicted that net farm income will stay low, but debt and assets will continue increasing this year. Some analysts said that showed agriculture was in a new, lower normal for income, but that the farm sector was financially sound.
But other signs show farmers are increasingly struggling. "At the well-known farmer support organization, Farm Aid, officials say they have added staffers for the group's hotline, which has seen a doubling in crisis call volumes," Chris Clayton writes for DTN/The Progressive Farmer.
from The Rural Blog https://ift.tt/2uoeqj3 Rising farm debt raises questions about stability of farm sector - Entrepreneur Generations
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