A pair of ag economists say farmers shouldn’t be too concerned with interest rates yet.

Ag Economic Insights co-founder David Widmar tells Brownfield the Fed signaled they would potentially raise interest rates this year back in December.

“Let’s not get too hyper focused on ‘will they or won’t they’ coming out of the Fed,” Widmar said. “Because, with respect to agriculture, some of these longer-term rates are more impactful.”

He said farmers need to focus on the Fed’s 10-year treasury, which has climbed one percent in the last several months.

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