AFBF economist breaks down how interest rate hike with impact agriculture

As part of its efforts to address rising price inflation, the Federal Reserve Bank has raised its benchmark interest rate by a quarter of a percent, the first increase in three years.

AFBF Chief Economist Dr. Roger Cryan spoke with RFD-TV’s own Suzanne Alexander on how this will impact farmers, how it will impact the markets, and what to expect moving forward.