Farm Sector Financial Performance

Duane Racklander and Michael Salassi


 
ABSTRACT

The financial position of farmers entering 1993 appears to be gradually improving from the depths attained in the mid 1980's. The cash income gains of 1993 will be heavily dependent on rising government payments. The combined effect of gradually increasing asset values and reduced debt levels have greatly lowered farmers' vulnerability to short-term fluctuations in income. The prospect of long term declining real equity values reduces the investment appeal of agricultural land.



Reprinted from 1993 Proceedings Beltwide Cotton Conferences pp. 466 - 467
©National Cotton Council, Memphis TN

[Main TOC] | [TOC] | [TOC by Section] | [Search] | [Help]
Previous Page [Previous] [Next] Next Page
 
Document last modified Sunday, Dec 6 1998