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Fortune
Fortune
Jason Ma

More financially distressed farmers are expected to lose their property soon as loan repayments and incomes continue to falter

(Credit: Rory Doyle—Bloomberg via Getty Images)

Financial conditions in the agriculture economy are flashing more signs of strain as farmers’ costs remain high while prices for their crops stay low.

A survey last month from the Chicago Fed found that third-quarter repayment rates in the Midwest for non-real-estate farm loans were lower than a year earlier for the eighth quarter in a row.

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