The Federal Reserve has aggressively raised interest rates since last year. NDSU Extension Ag Finance Specialist Bryon Parman says interest rates can increase without the Fed’s influence. “There are a lot of other factors in the market like treasury yields that can influence interest rates more directly,” said Parman. “Simple supply and demand for loans can drive interest rates higher too.”
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.