Speaking at Potato Expo, Rabobank Global Strategist Stephen Nicholson said agriculture is suddenly getting much more complicated. “We’ve got complicated markets, but you have these macro economic things that are coming in,” said Nicholson. “I look at the money supply situation and realize it is no wonder inflation is where it is with so much money in the system; you have the classic situation of more buyers than sellers.” Higher interest rates will likely be a reality for some time.
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