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Farmland price compounds challenges of young operators
Story Date: 6/17/2013
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Source: FARM PROGRESS, 6/14/13
Just starting out is hard, harder when the chosen career is farming: it's capital-intensive , labor intensive and uncertain at times. Nathan Kauffman, Kansas City Federal Reserve Economist, says in addition to lower levels of equity and higher debt ratios, farmland prices are now compounding the challenges of farming.
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