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Nw Iowa | Absolutely anything can happen. Good times create bad times. I have never forgot lessons of the 80’s. I do feel lenders are using a much different way of lending on agricultural farmland than was used in the 80’s. There will always be a event or series of events that creates a crisis in any segment at certain times. There will always be those that choose to take on too much risk and as in any industry will not survive. I would like to see what debt numbers have done over last three years in agriculture. I believe there is some data somewhere that tracks this. | |
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Kubs Den “ INSANITY OF PAYING 7% ON AN ASSET (FARMLAND) THAT ONLY EARNS 2%”
