Farm sector debt has reached levels near the peak levels of the late 1970s and early
1980s. High levels of debt increase a farm’s risk of going out of business. From 1993 to 2017,
real (inflation-adjusted) farm debt increased by 87%, or 4% per year on average.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.