Max Armstrong reports on mortgage interest rates and how they offer opportunities for farms. Max shares that in 2019 interest cost accounted for more than 10% of farm operating cost on nearly 20% of grain farms in the Illinois Farm Business Farm Management Association. Max shares that 45% of those farms have cost exceeding 5% of operating cost.
Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.
Photo: Matthias Kulka/iStock/Getty Images Plus
0 comments
Hide comments