Local Farmer Ron Moore Comments on Outside Influences as Input Costs Rise

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With the anticipated rise of interest rates another 75 basis points and as input costs continue to increase and stay that trend until recession is slowed down and back to a normal GDP growth of one or two percent, American Soybean Association Director Ron Moore says it is not ideal as historically farmers see a two and a half to three percent return on investment:

Moore states the margins keep get narrower as inputs get higher.

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