FARM BUSINESS NEWS
Minding Ag's Business
Marcia Zarley Taylor DTN Executive Editor
Mon Dec 2, 2013 05:05 PM CST

Call the last eight years of profits in agriculture a Golden Era if you wish, but I also consider them the Golden Era of Borrowers. To be honest, near-zero interest rates have been a fantasyland for capital intensive businesses like agriculture that rely on credit to retool technology. They've also greased the way for many beginners to enter agriculture and for large scale operations to expand.

As I interviewed Farm Credit Mid-America's CEO Bill Johnson about his upcoming speech at the DTN-Progressive Farmer Ag Summit next week, he reminded farmers to examine what "normal" interest rates are (see chart for ...

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