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Average farm debt and share of operations with some debt both increased with farm size, 2022

  • Farm Economy
Bar and line chart showing average debt of farm businesses holding some debt and share of farm businesses holding some debt.

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Total farm sector debt is expected to rise to more than half a trillion dollars in 2024, according to USDA, Economic Research Service farm income forecasts. Even so, solvency metrics suggest U.S. farm businesses have not become more financially stressed in recent years.

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