An American farm-economy analysis shows that a record corn harvest is compressing prices while many producers carry heavy debt loads, creating stress on rural balance sheets and credit conditions. Lenders warn that operational margins are shrinking despite high yields, as input costs remain elevated and interest expenses rise. The situation is raising questions about equipment orders, land-lease markets and farm-sector debt servicing in coming quarters. Commodity traders and ag-finance teams will watch machinery demand, asset sales and regional credit trends for early signs of stress.