Farm Interest Expense: Low Rates but a Growing Expense

A few weeks ago we took a look at farm-level interest rates and how a rate increase might impact producers. While interest rates are important, it is also critical to keep in mind total debt and farm income, or earnings, when looking at farm financial conditions. In this post, we take a look at farm interest expense and the recent trend of higher interest expense even with historically low interest rates.  (more…)