This interview originally aired on "In the Moment" on SDPB Radio.

The U.S. economy is posting strong numbers in job growth and wages. Unemployment is down, and inflation continues to ease. But prices remain noticeably high.

And the pain of climbing interest rates can be felt in all corners of industry — including on the farm.

This month, the U.S. Department of Agriculture has raised lending rates for farmers and ranchers. That follows an upward trend from the past few months.

Dan English is the general manager of FBN Finance. He joins "In the Moment" to explore how agricultural producers are navigating this high-interest environment.