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What the recent interest rate hike means for agriculture

Last week The Federal Reserve, after years of leaving the interest rates at an all-time low, decided it was time to raise the rate by .25%. Matt Montiero, Senior Vice President and treasurer for Farm Credit Mid-America, visits with The Ohio Ag Net’s Ty Higgins about how this rate hike and ones that are slated for 2017 and beyond will impact agriculture.

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