National Ag News

Financially-strapped farmers continue to be encouraged to refinance while interest rates remain historically low.

University of Minnesota Extension economist Kevin Klair says while rates have climbed almost one percent since the beginning of the year, it’s still a good time to extend some short-term debt longer-term.

“And (interest rates) are expected to continue going up.  And that’s been one of the really big concerns for ag economists the last several years (if) interest rates start going up and commodity prices lower. 

Continue reading Minnesota Extension offering free financial counseling at Brownfield Ag News.