1999 to 2000, due to several factors both domestic and international that are affecting the whole agricultural economy. Farmers are being supported by government payments that in some cases account for over 40 percent of revenue.If the government stops payments to farmers the loan default rate on farmland will rise drastically within as little as one year, and lending institutions will be foreclosing on land that’s value is dropping and who’s rate of return for productivity just been cut by up to 40 percent.There is no real way to calculate the likelihood of the federal government discontinuing subsidy payments, it boils down to politics, and as everyone knows politicians are very unpredictable. ...
