The following editorial first appeared in the Chicago Tribune:
You’re worried. We’re worried. Who isn’t worried about the sluggish economy?
America’s farmers may not be too worried.
They’re enjoying the fattest times in memory. The money pouring into Corn Belt bank accounts isn’t just setting a record. The latest government figures show farm income blowing past the previous high of $84.7 billion in 2004 to top $100 billion this year. Land values have soared and debt is being paid down aggressively.