Optimism Despite Volatile Markets

The AgCountry Farm Credit Services board met this past week in Willmar, Minnesota and made a side trip to Farmfest Wednesday. After meeting with farmers at the trade show and at its customer appreciation picnics in three states, AgCountry President and CEO Marc Knisely said farmers and ranchers are generally optimistic. “There’s concern about volatility with commodity prices and the availability of inputs, but the attitude has been positive.” Interest rates have increased but are still at manageable levels. “Even if you go with a floating rate or variable interest rate to start with, you’ll have an opportunity to get a good, fixed rate again I think on a lot of these termed purchases.”