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Higher Ag Loan Interest Rates: A Sneaky Impact of Tariffs and Policy Uncertainty? - AgEconMT
Key insights: Trade disputes with major agricultural export countries are likely to result in lower-than-projected farm incomes and, consequently, an increase in demand for short-run loans and higher likelihood of loan defaults. Both increased demand and higher default rates will place upward pressure on interest rates charged for agricultural loans. Uncertainty about tariff implementation andRead More