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LOYAL NO MORE?

A financing drought may be cracking farmers’ loyalty to President Donald Trump. According to the USDA, U.S. farm debt rose by 30 percent to $410 billion over the last five years, making credit tougher to come by. Additionally, the farm sector’s return on assets is down to 2.6 percent, well below the nearly 30-year average of 7.1 percent, with interest rates and delinquencies on ag loans steadily increasing. (Reuters)

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