Posted 1/11/2026 21:00 (#11506320 - in reply to #11506089) Subject: RE: Land purchase interest rates
Roseglen, North Dakota
There was a little more to guys going broker in the 80s than PCA raising their variable notes.
Just the sheer cost of 20% operating money got most guys. And deflating land values.
I'm not a Farm Credit fan but they didn't break farmers single handedly.
All borrowed money was high.