MOUNT VERNON — The Fed is expected to raise interest rates three times next year, but it is hard to say what that could mean for long-term loans available to farmers.

Matt Monteiro, vice president of finance and treasurer of Farm Credit Mid-America, spoke Tuesday on interest rates at the final monthly Farmer’s Breakfast of the year. Farm Credit is one of several institutions in the U.S. that offers long-term agricultural loans.

 

Nick Sabo: 740-397-5333 or nsabo@mountvernonnews.com and on Twitter, @mountvernonnews

 

 

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