NEWS
Marcia Zarley Taylor DTN Executive Editor
Tue Nov 18, 2014 05:46 PM CST


Tick, Tick, Tick on Higher Rates

A poll of chief financial officers for Farm Credit lenders in 15 states found that the cost of borrowing is expected to rise midway through next year as the Federal Reserve tightens monetary policy.

The survey of CFOs of AgriBank's 17 member associations reflect their growing consensus that the five-year spree of bargain-based interest rates could be coming to an end. Experts have been wrong many times before, but this alert is meant to jar growers into action. Rates have been low so long, some people think near-zero rates are normal. Just remember, the ...

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