Farm debt projected up slightly in 2011
In February 2011, ERS estimated farm sector debt to increase from $240.3 billion in 2010 to $241.6 billion in 2011. The real estate debt component is forecast to fall by 0.6 percent from $132 billion in 2010 to $131.5 billion in 2011. The nonreal estate component is forecast to rise by 2.0 percent from $108.0 billion in 2010 to $110.1 billion in 2011. Historically, farm real estate debt is the largest component of farm debt. This chart was published in the Farm Income and Costs briefing room, February 2011.
Download larger size chart (486 pixels by 380, 96 dpi)