Minnesota farmers take on more debt for spring planting

Minnesota farmers take on more debt for spring planting Photo: KSTP/Joe Mazan

February 11, 2019 07:04 AM

Many Minnesota farmers who have suffered years of low crop prices are taking on more debt to begin spring planting while trade tensions and tariffs drag on.

Minnesota Public Radio News reports that the Federal Reserve Bank of Minneapolis found poor crop prices and trade woes "dealt a financial blow to farmers from July through September."

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Credits

The Associated Press

(Copyright 2019 by The Associated Press. All Rights Reserved.)

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