At least when I worked for Farm Credit/ Federal Land Bank, they were bright enough to get additional collateral, so they should be covered even if there is a big drop in value. So a bubble would sure be a problem for the guys losing their property, but not as big a problem for the economy because the lenders wouldn't be going broke like they did with the housing bust.
And lets face it, commodity prices are not likely to take a big tumble, because worldwide demand will continue to support the prices. And that foreclosed farmland will surely be farmed by somebody.
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Today's Featured Article - A Tractor's Point of View - by John Manley. I began my life on August 3,1941. I was actually built at different times and days but I was officially an M Farmall on August 3.I was real nice and shiny. That�s me, in the old picture, third from the left. I was loaded on that train and sent to a little town in South Carolina. I didn�t get to see much of that town. I was moved off the train fast and on to the dealer�s
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