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Source: SUCCESSFUL FARMING, 7/21/21
In an update late last week from the Federal Reserve Bank of Kansas City (“Interest Rates for Operating Loans Rise Slightly From All-Time Lows“), Nathan Kauffman and Ty Kreitman pointed out that, “Interest rates on agricultural loans made by commercial banks increased slightly for some types of lending but remained historically low through the first half of 2021. “The average rate on non-real estate loans was about 30 basis points higher..." For more of this story, click here.
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