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Farm debt by sales class shows higher leverage shares
Farm findings indicate operators with annual sales of 40 000 dollars or more held 55 percent of total farm debt as of January 1 up from 53 percent. Smaller farms under 40 000 dollars accounted for 11 percent and 9 percent respectively with cash grain farms at 40 percent of leveraged debt. The Corn Belt leads with 26 percent of leverage, followed by the Lake States at 18 percent and Northern Plains at 54 percent overall in regional debt shares.
MENTIONED IN THIS ARTICLE
Corn Belt
Lake States
Northern Plains