Were you around for the 1980's? Near 20% interest, and several years of drought around here. Then several counties in North Missouri got wipped out by hail. I was working crop ins. claims in that area, and in places it was like a ghost town. Vacant houses everywhere. About half of some counties got put into CRP cause the $65 an acre was paying better than they could crop it. It wasn't good.
At least they can borrow money cheaply, compared to then.
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Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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