Increase in Interest Rates Affecting Operating Loans

November 16, 2018 02:19 PM
 
 

Agriculture leader Farmer Mac says interest rates are having an impact on operating loans. That's because most of those loans are on a variable rate.  Rising interest rates mean land may not be an attractive option for investors.  If the farm economy doesn't turn around soon, the fear is debt-to-asset ratios could rise to levels agriculture saw in the 1980s.  However, Farmer Mac economist Curt Covington says, that hasn't happened yet. Hear what he told us below:

For more information, you can sign up for the latest edition of Farmer Mac's "The Feed".  Sign up here.

Read Farmer Mac's Fall Report here.

Back to news


Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close