Max Armstrong recalls his work with Dr. Neil Harl from Iowa State University who devised a plan in the 1980s to slow the demise of farms at a time when economic pressures were so high. He urged bankers to help farmers to restructure their debt and to avoid foreclosure. Max looks back on the 1970s boom and the fall of farmland values in the 1980s. Back then Iowa lost thousands of ag and food processing jobs, and unemployment rose. Max recalls how Harl's work made a difference.
Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.
Photo: Iowa State University