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Published May 07, 2013, 02:12 PM

Federal Reserve says US farmers should guard against debt binge if incomes fall

U.S. grain farmers have enjoyed a rare combination of soaring prices and land values since 2009 but if incomes dip as expected they should be careful not to fall into the trap of borrowing against inflated land values, the Kansas City Federal Reserve said in a report on May 3.

By: Reuters ,

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