NEWS
Rates Too Low Too Long
Elizabeth Williams DTN Special Correspondent
Thu Jul 17, 2014 04:03 PM CDT

KANSAS CITY, Mo. (DTN) -- It seems almost sacrilegious to support higher interest rates in a capital-intensive industry such as agriculture. But attendees at the Kansas City Federal Reserve Bank's Agricultural symposium this week agreed with bank president Esther George's statement that "getting interest rates off zero relatively soon is appropriate in terms of current economic conditions." George noted as Federal Reserve asset purchases come to an end, "It will be important to lay the groundwork for a more-normal rate environment."

"Zero interest rates are appropriate in a crisis. The crisis is over," said Max Wake, president of Jones National ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, a community of Arkansas farmers have successfully banded togethe...
  • Market News AgriClear is not an auction, but an online digital sales floor where buyers and sellers negotiate...
  • UAS Research Takes Off Key members of the House and Senate last week praised the Federal Aviation Administration for sel...
  • "Total Market Isn't Dead" Used equipment inventories are escalating.
  • Rain, Rain, Go Away Waterlogged and flooded fields in much of the Midwest are putting corn and soybean fields at risk...
  • Feds to Examine Biotech Rules In a memo to USDA, FDA and EPA, the White House stated that a review of biotech regulations was n...
  • Evolution of Farm Kid Jobs DTN Staff Reporter Russ Quinn reflects on the farm activities of his youth that his children will...
  • IARC: Possible 2,4-D Cancer Link The International Agency for Research on Cancer has classified the herbicide 2,4-D as possibly ca...
  • Ask the Vet How do I know what minerals my cows need and how much?
Related News Stories
Market Matters
Ag Interest Rate Snapshot
Minding Ag's Business
Minding Ag's Business
Minding Ag's Business
Monsanto Earnings Rise
Minding Ag's Business
Labor Pains - 1