Monday, March 12, 2018

Chart of the Day: Looming Farm Crisis Edition

From AgWeb:

I've said it before, and I'll say it again: unfortunately, it is going to get worse before it gets better.  As the chart on the left shows, debt-to-income is at the highest level since the late '80s, and guys are still throwing $8,000-12,000 an acre at land in this area.  This will not end well.  Also, if you are looking for a stock to short, I'd suggest you take a look at Farmland Partners (I am not a financial advisor, and would recommend that you should never short a stock).

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