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  macroeconomics in the ag & food economy

Macroeconomic factors such as interest rates, exchange rates, income growth, and terms of trade drive the agricultural and food economy. ERS provides macroeconomic forecasts and analyzes the impacts of critical macroeconomic conditions on agriculture and food assistance programs.

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Macroeconomic Factors Behind the Fall in Farm Interest Rates indicates that interest rates on agricultural loans are determined by factors primarily outside of agriculture. This article discusses the factors that led to the fall in farm interest rates in 2001, as well as the farm interest rate outlook for 2002.

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updated: June 18, 2002

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