Loy: No interest rate cut means leveraged ag operations to continue to strain under borrowing costs

“The steady rate decision means financial strain may persist for producers with debt-heavy operations, and financial relief may take longer than expected.” — Ryan Loy WASHINGTON, D.C. — Debt-heavy farm operations will continue to feel the burden of borrowing costs as the Federal Reserve said it would leave interest rates holding at 4.25 percent to […]