Movement Toward Bank Ruin Warns of Farm Fallout
A January editorial warns of a long decline in farm prices and farm values, noting declines in wheat corn barley and cotton and the rising debt of farmers. It argues the slumping prices threaten national industry and calls for policy action to aid farmers while linking rural distress to broader economic hardship. It also notes European demand and currency issues and the need for coordinated measures to protect manufacturing and agriculture.
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