Farm profit margins have tightened in recent years as crop prices have fallen, although cash rent prices for farmland have been slow to decline.
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Cash rent slow to come down as farmers face tighter margins
Ag economists and bankers say there is usually a lag time for cash rents to come down following shrinking farm profits.
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The USDA released its quarterly Hogs and Pigs report Sept. 24, and it showed lower hog inventory and breeding herd numbers than a year ago.
