NEWS
Under the Agridome
Philip Shaw DTN Columnist
Thu Oct 30, 2014 10:48 AM CDT

How long will the Bank of Canada maintain its trendsetting interest rate at 1%? That question is particularly pertinent to the health of the agricultural economy in Canada. If you heard me speak across this country over the last few winters you will know that I often say low interest rates are the testosterone of the agricultural economy. Simply put, as long as interest rates remain very low, to some extent it trumps lower revenues and will continue to serve as a stimulus for Canadian agriculture.

Some of you may argue that is a null point. Take myself for instance. ...

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