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Drought levels off land values, incomes
date:Aug 16, 2012
aise enough grain to justify running the combine will see enough income to break even, at least. The same is likely not true for most of the region's livestock producers.
Bankers reported that livestock producers were bearing the biggest burden from the drought. Higher feed costs and lower cattle prices from forced herd liquidations were cutting livestock profits, Henderson says.
Beyond these fundamentals, Henderson reports operating loan volume was still fairly low in the second quarter of the

12/22 07:09