Farm Business

[Jeff_a_Caldwell]

Just glancing through a report from the Federal Reserve on the current "golden era" in agriculture and how it follows the "boom-bust" cycle trend of about the last century. So, basically, that means the current boom will be followed by a bust at some point in the future. There are reasons, though, that this time the cycle's different than it's been in the last few decades.

So, where you sit, do you think the ag sector's setting up for a "bust" period? The Fed experts mention current debt levels as a big reason that the bust may not come. But, ironically, those debt levels -- and the capital expenditures they're affording some farmers -- are the reason there's still speculation whether the bust could arrive. 

So, what do you think? Are we setting up for a "bust?"