An equipment supplier in Kansas says rising interest rates could cause more disruptions to the supply chain.
Brian Sieker with New Ag Supply tells Brownfield rate hikes have put pressure on the amount of inventory businesses carry on hand. “Most suppliers want to build that inventory. They want to supply their customers. They don’t want someone to be short, but they’re probably also working off a loan, and you’ve got to bring some things in check.”
He says demand, for now, remains strong.
