Barometer: Farmers are concerned about the impact of U.S. interest rate policy

Barometer: Farmers are concerned about the impact of U.S. interest rate policy

The latest Ag Economy Barometer asked farmers to identify top policies or programs that will impact their operation in the next five years.

Jim Mintert with Purdue University says one-third of crop producers surveyed are concerned about interest rate policy.

“People are very worried about what is taking place with respect to Federal Reserve policy and the impact that’s going to have on their cost of doing business and their cost of borrowing capital to put crop in the ground, to finance livestock, to finance machinery, and to finance farmland,” he says.  

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