Max Armstrong shares perception in regards to the final time inflation charges have been excessive. Max factors to a narrative by John Otte, retired ag economics author for Farm Progress, wanting again on how these early charges again within the Nineteen Eighties and the way it impacted land costs and extra. These altering inflation charges again then drove a push to promote land, which typically led to chapter. However Otte factors out that at the moment whereas rates of interest are increased they’re low in comparison with historic requirements.
Associated: Inflation’s hyperlink to land costs
Max Armstrong’s Farm Progress America is a every day take a look at key points in agriculture. It’s produced and offered by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.
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