Interest rates on farm loans increase, pressure on some farm operators could follow
Story Date: 5/9/2018

 

Source: FARM POLICY NEWS, UNIV. OF ILLINOIS, 5/7/18


Late last month, Bloomberg writer Alan Bjerga reported that, "American farmers have managed to stay afloat despite years of shrinking crop values, the lowest incomes since the recession and a budding trade war with China. Now, they’re feeling a new squeeze -- borrowing money is getting more expensive as interest rates rise. For some, it may be fatal."

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