Sentence examples for farm debt from inspiring English sources
But the Fed also warns that farm debt has risen "the fastest since the prelude to the 1980s farm debt crisis" that affected even New York.
The value of farm lands is at a record high, and farm debt fell almost 2 percent last year.
The Farmers Home Administration has lent farmers $26 billion, or 12percentt of the nation's $214 billion farm debt.
Farm debt reached $409.5 billion last year, the highest level since the sector crisis of the early 1980s.
Roughly $59 billion is owed by individual farmers, the largest single share of the nation's $209 billion farm debt.
Regulators say it is difficult to determine exactly how much farm debt exists, because much of it involves debt owed to various vendors and suppliers.
While national data does not show sharp jumps in closely watched debt gauges, some analysts point to other data that reveal farm debts have already topped levels reached just before the farm crisis of the '80s.
In the late 19th century, William Jennings Bryan led a revolt of the farmers in "heartland" states against a tight money policy and in favour of bimetallism which would both inflate crop prices and reduce the burden of farm debts.
More than 230 farms in the Midwest have been pushed into bankruptcy and farm debts have soared to their highest level in 35 years amid plunging commodity prices and fallout from President Trump's trade war with China.
At the beginning of the transition process, many flocks were sold to pay collective farm debts in a context of high inflation, or sent to slaughter houses by unscrupulous chiefs or privatized on a patronage network basis (Jacquesson 2004).
In the end the race may be decided by the number of votes won by a feisty third-party candidate, Chris Daggett, who mocks both Republican and Democrat with gusto.Democrats down in the Old DominionMeanwhile, outside a store that sells pumpkins and hunting rifles in Stuart, Virginia, Bob McDonnell is making a smooth stump speech about clean coal, fish-farming, debt and democracy.
