A financial adviser says farmers should consider locking in their interest rates to help manage their risk. Roger Smith is a senior financial credit officer with Farm Credit Mid America in Central Ohio.
“I’ve encouraged my customers specifically to look at fixing interest rates on their term debt so that they don’t get any surprises down the road” says Smith.
Smith says many farmers he deals with lived through the ag economic crisis of the 1980’s.
Continue reading Managing interest rates at Brownfield Ag News.
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