Land Prices, Paying for Farms, & Farmers in Trouble

Luke Bridger>NIU Collection>NIU Collection, Segment 5

Land Prices, Paying for Farms, & Farmers in Trouble,

duration 01:16

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LOANS & CREDIT
Commodity prices not bad in 1950s. Land was about $250-350/acre some at $400/acre. Farms paid for during those 15 yrs (1945-1960). Some farmers bought too much land at inflated prices & now they are in trouble due to falling land prices.