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Debt crisis tops ag worries NFU says farmers face debt
NFU officials warn debt crisis is the largest problem for American family farmers with 30 to 40 percent facing worsening finances. They call for reamortization of loans, lower interest, possible debt deferral, and targeted program spending to aid mid-size operations, predicting farm debt exceed 232 billion by January 1. They oppose broad cuts and seek a cross group coalition to ensure fair local prices.
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