It’s no surprise. The longest bull market in history followed by the steep collapse in commodity prices has left farmers in the U.S. and around the world feeling a lot of pain.

It’s no surprise. We’ve written about it on several occasions and we will again in the future. The longest bull market in history followed by the steep collapse in commodity prices has left farmers in the U.S. and around the world feeling a lot of pain. That pain will only worsen if prices stay at current levels. Land prices in some regions in the U.S. have quadrupled during this bull market. Cash rents (lease rates) have followed. Prices for everything else related to production agriculture have escalated sharply. The problem is that those produ...