At least when I worked for Farm Credit/ Federal Land Bank, they were bright enough to get additional collateral, so they should be covered even if there is a big drop in value. So a bubble would sure be a problem for the guys losing their property, but not as big a problem for the economy because the lenders wouldn't be going broke like they did with the housing bust.
And lets face it, commodity prices are not likely to take a big tumble, because worldwide demand will continue to support the prices. And that foreclosed farmland will surely be farmed by somebody.
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Today's Featured Article - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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