Interest Rate Concerns
Red River Farm Network
The results of the annual ag lender survey were released at the Agricultural Bankers Conference. Farmer Mac Chief Economist Jackson Takach said the survey showed a slight shift in the biggest concern for lenders. “Interest rate volatility became the number one concern that ag lenders reported facing their institution.” Lender competition and credit quality were found to be less important. According to lenders, liquidity and farm income are the biggest concerns for producers.
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