What Do Ongoing High Interest Rates Mean for Ag Producers With Jay Parsons
The higher interest rates that were established to counter inflation a couple years ago are persisting into 202, continuing to affect agricultural producers. On this episode, Jay Parsons, professor and farm and ranch specialist at the University of Nebraka-Lincoln, discusses how these economic pressures are impacting crop production, machinery purchases, and cattle herd rebuilding efforts. How do these rates stack up historically and what do they mean for producers trying to navigate these financial challenges this year?
Read more at https://cap.unl.edu/finance/what-do-ongoing-high-interest-rates-mean-ag-producers.
