Sunday, September 25, 2011

Scars from the 80′s make farmers sharper

Interest rates are at an all time low and land prices at an all time high, with some farm land in the area Mike Lonergan, Vice President of Ag Financial Services with the Jacksonville Branch office of Farm Credit Services of Illinois serves reaching $13,000 an acre. Yet, there is great volatility in the market and it costs much more to raise a crop today than it did a few years ago, so Lonergan said although the income is good for farmers right now, there are a lot of costs that go into

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