Latest Fed rate hike could increase borrowing costs for farmers ahead of harvest

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An ag economist says the latest increase in interest rates could put added financial pressure on farmers ahead of harvest. David Widmar with Agricultural Economic Insights says many producers are already struggling to stay afloat. "Inflation has a big impact on the broader economy," he says. "It’s just being stubborn. We thought we had inflation […] The post Latest Fed rate hike could increase borrowing costs for farmers ahead of harvest appeared first on Brownfield Ag News .

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