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High interest rates combined with a strong US dollar damage rural economy. US grain exports have dropped by 20% this year
According to Bloomberg on the 11th, United Bank, which provides financing for American agriculture and rural enterprises, released a report on the same day stating that the combination of high intere ... -
CoBank: The strong dollar is hurting rural America's economy
CoBank researchers say high interest rates and a strong dollar are a "one-two punch" that has taken a "disproportionate toll" on rural America's economy. CoBank, which funds agriculture and rural busi ...