Catch Class D1 Playoff football on Big Red Country 104.9 and online at this evening. #8 Pender hosts #9 Humphrey/Lindsay Holy Family at 7 p.m. Pregame coverage set for 6:45 p.m.

Farmers And Ranchers Borrowed More Last Year

Posted: 31 January, 2013

OMAHA (AP) – American farmers and ranchers were borrowing more at the end of last year as their operating expenses and feed costs increased. The Federal Reserve says farmers and ranchers nationwide borrowed $94.7 billion in the fourth quarter. That’s up from $54 billion the previous year. The Fed says farmers were borrowing more to buy farm equipment, and some farmers were pre-paying for seed and fertilizer they’ll use this year. Livestock operations were borrowing more because feed and livestock costs increased.

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