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 - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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