Farm Debt Rising
Creighton Economist Ernie Goss said net farm earnings are projected to be lower in the first half of 2019 than they were in the first half of 2018 (which were lower than the same period in 2017).
"This is very likely to push bankruptcies, foreclosures and loan restructuring to the highest level in decades," Goss said in an email.
Corn prices have hovered below $4 a bushel for the past four years, while soybean prices dropped to their lowest level in a decade earlier this year, largely due to a trade fight with China that has led to a huge drop in exports to that country.
Still can't find what you are looking for? Find by topic:
- Achievement Award (YF&R)
- Actions Alerts
- Advocacy
- Ag Ambassadors
- American Farm Bureau
- American Farm Bureau Policy Book
- Archive Photos
- Articles
- Board of Directors
- Calendar - State/District
- Calendar - County
- Capitol Reflections
- Collegiate Chapters
- Committee Application Form
- Commodities
- Convention Annual
- County Presidents & Board Information
- County Resource Page
- Delegate Form
- Discount Programs
- Discussion Meet
- Discussion Meet - High School
- Education Programs
- Events
- Excellence Award (YF&R)
- Expense Voucher
- Flickr
- Gem State Producer
- High School Discussion Meet
- High School Speech Contest
- Hope in Idaho Ag
- House of Delegates Credentials Form
- IFBF Board of Directors
- IFBF Policy Book
- IFBF Staff
- Insurance
- Legislative Action Program
- Legislative Issues
- Library
- MAC Trailer
- Magazines
- Map My Benefits
- Member Benefits
- Member Discount
- Membership Application
- Mental Health Resources
- Mission Statement
- Moving Agriculture to the Classroom
- Newsletter Sign up
- News Releases
- News Room
- Open Range Law