Increased interest rates may hurt new farmers: Hart

Chad Hart, associate professor, was quoted in a June 22nd story in The Gazette about interest rates and beginning farmers.

“It’s something we’ve been watching for at least a couple years now,” said Chad Hart, Iowa State University associate professor of economics and a crops markets specialist. “The Fed has raised interest rates four or five times…(in recent years), with the expectation that we’re going to see more increases.”