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NE Arkansas SE Missouri | Only 8 percent of the land that we farm has any debt on it. That is rented and owned acres. I am going to go out on a limb and state that is "normal". On the mortgaged acres, (its ours), over half is unencumbered, the debt\asset ratio is around 30 percent at current market value. I am going out on another limb and say that is pretty common also. So, tell me how this land market is going to crash. I will hang up and listen.
P.S. I was around in the eighties, so don't tell me about those years. | |
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Question for Coup-farm bill, land prices
