Although the Fed raised interest rates this week, farmers’ financing costs are still low compared with what they were in the 1980s. Then farmers’ debt-service costs were around 14% of production expenses ; they are now 6%.
lundi 24 juin 2002
Bien que la Réserve fédérale ait relevé ses taux en août dernier, les charges financières des fermiers restent faibles en comparaison des niveaux des années 80, quand les taux d’intérêt tournaient autour de 14 % des coûts de production, contre 6 % aujourd’hui.
Although the Fed raised interest rates this week, farmers’ financing costs are still low compared with what they were in the 1980s. Then farmers’ debt-service costs were around 14% of production expenses ; they are now 6%.