Farm Debt Repayment Stretched Over More Years

Farm debt has received increased attention in recent years. Over the last two decades, farm debt has trended higher – approaching levels last observed in the 1980s.  Even as farm income has turned higher, producers are still relying on higher levels of debt. Offsetting some of the challenges of high debt levels have been low-interest rates and interest expenses.  This week’s post considers another important trend in farm debt – longer repayment terms. (more…)