Articles tagged under: interest rates
Interest Rates Holds Steady
Published March 21, 2024
The Federal Reserve left its federal funds interest rate unchanged at 5.25-to-5.5 percent. Fed officials also said two or three interest rate cuts will likely happen this year.#6-Fed Takes Aggressive Stance on Interest Rates
Published December 29, 2023
The Federal Reserve aggressively pushed the benchmark interest rate to its highest level in 22 years and that is ranked as the sixth most important ag story for the year. With inflation easing, the Federal Open Market Committee held its…Interest Costs Projected to Increase in 2024
Published December 24, 2023
While production costs are predicted to be lower for farmers in 2024, interest costs may increase. NDSU Extension Ag Finance Specialist Bryon Parman does not anticipate interest rates themselves to be higher but net farm income has backed off creating…Interest Costs Being Felt
Published December 21, 2023
Generally, the farms in the region were able to protect working capital this past year. However, Farm Business Management instructor Josh Tjosaas is seeing tighter margins going into the new year. Interest costs are part of that discussion. "We're putting…No Change for Interest Rates
Published December 18, 2023
The Federal Open Market Committee held its key interest rate unchanged for the third consecutive meeting. A statement issued after the 19-member policy committee meeting said inflation has eased over the past year but remains elevated. The benchmark interest rate…More Normal Conditions Forecast
Published November 20, 2023
Agricultural Economic Insights Managing Partner David Widmar says farmers should be prepared to return to a more normal year following a time of record farm income. “At some point, we’re going to see incomes come off these record highs," said…Interest Rate Influencers
Published November 16, 2023
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…This Isn’t 1985
Published November 12, 2023
American Bankers Association Ag and Rural Bankers Committee Vice Chair Caleb Hopkins is seeing the cost of interest becoming a become a bigger part of the balance sheet. “Producers have not experienced operating rates as high as they are today.…Interest Rate Concerns
Published November 12, 2023
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…