Interest rates surge at same time farmers are borrowing more money

Farm income is stagnant at the same time that farmers and ranchers across the country are borrowing larger amounts of money and paying sharply higher interest rates on the loans, said the Kansas City Federal Reserve Bank. “Large loans drove the increase in farm lending, which may heighten concerns about cash flow in 2018.” More… » Read More

The Ag Insider content is only available to members.
Exit mobile version