Part 8/10:
The outlook for many North American farmers appears grim. Those with stable land but no outstanding loans may endure, while those reliant on borrowed money face mounting pressures. The risk of asset liquidation—foreclosures and repossessions—has heightened, as failing credit conditions compound challenges already present in the farming sector.
Farmland values are dropping significantly in several states, with predictions indicating further declines, especially in regions grappling with limited water resources. Business fundamentals are shifting rapidly, leading to a chaotic environment characterized by diminishing investment and a lack of new capital entering the market.