by Jack McGeever at CDN - American farmers are drowning in record debt, and federal officials fear billions more in borrowing could be slipping under the government’s radar. U.S. agricultural debt is expected to reach a record $605.
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by Jack McGeever at CDN - American farmers are drowning in record debt, and federal officials fear billions more in borrowing could be slipping under the government’s radar. U.S. agricultural debt is expected to reach a record $605.
CHICAGO — American farmers are borrowing more money than ever before to operate — but the rise in non-traditional and vendor credit has created some gaps in the federal government’s current ability to measure and track farm debt, U.S. Department of Agriculture officials told Reuters.
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Debt Bombs Are Ticking On America’s Farms | Since Then