The latest blow to struggling family farms: Rising interest rates
Story Date: 6/5/2018

 

Source: Heather Long, WASHINGTON POST, 6/1/18


Shane Merrill lives in a small town in South Dakota that’s 1,400 miles from Wall Street, but he watches the numbers as avidly as the traders. Merrill isn’t an investment manager. He’s a family farmer. Right now, as he drives a tractor and planter to get soybeans in the ground, he’s also checking financial news on his smartphone. He’s worried, he says, about interest rates shooting up.

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