Exploring the causes, impacts, and lasting effects of one of the most infamous events in American agriculture history, the 1980s farm crisis.
At the lowest point of the 1980s, farmland prices had collapsed by 60%, and thousands of farmers were underwater and losing their farms.
Excessive leverage and too much financing came up against spiking interest rates, and the combination became incredibly unsustainable.
Learn about what was happening in farmland markets back then and how we price farmland today. Farmland can either create balance sheet security and insecurity, depending on outside factors. Then dig deeper into what today's more stable farmland prices mean for the farm economy - and whether they're really a good indicator of economic health. Escaping 1980 is sponsored by AEI Premium. Join the community for decision makers in agriculture. Free 14-day trial: https://aei.ag/premium/. Be your own guru.
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