Federated offers very attractive prepay discounts on seed, and the sooner seed is locked in for 2020, the more money is saved.
Tight supply on new seed genetics for 2020 makes pre-buy an even better option.
When deciding to buy seed, the primary consideration is the discount on seed vs. interest paid on borrowed money. It’s often possible to save over 5% on seed with early purchase, and the amount of interest is negligible in comparison.
Interest rates are lower this year than at this time last year, and the Federal Funds rate has dropped by 0.5%, which means interest rates on short-term variable rate loans will also be lower ...
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