Farmers Business Network is encouraging farmers to reflect on financing options for next year following the Federal Reserve’s pause on interest rate hikes.
Kathy Bogardus tells Brownfield now might be the time to lock in next year’s input purchases or operating line of credit.
“It’s just a good opportunity for people to look at options while one—they could be saving money by taking advantage of these rates or the promotions that are going on, and two—just locking it in before the rates go even higher,” she says.
