Underreported: Farm Foreclosures

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We’ve heard a lot about the home foreclosure rate over the last two years, but what about farm foreclosures? On this week’s first Underreported, Michael Boehlje, Distinguished Professor in the Department of Agricultural Economics and the Center for Food and Agricultural Business at Purdue University, explains why we don’t hear that much about them and why economists are predicting that farm foreclosures will rise in 2010.