Declining farm income and farmland values likely will lead to an increase in the number of farmers who are delinquent on their loans and, eventually, a rise in farm bankruptcies, a pair of Ohio State University agricultural economists predicted.
While the current farm bankruptcy rate is low, at two per 10,000 farms nationally, that rate has gone up slightly in recent years and likely will continue to do so, according to Ani Katchova and Robert Dinterman, both from the Ohio State Colle
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