US: McBee Hid Family Assets From Feds
Federal prosecutors allege reality TV star Steve McBee fraudulently transferred business assets to his sons to avoid paying $4 million restitution for crop insurance fraud.
Federal prosecutors allege reality TV star Steve McBee fraudulently transferred business assets to his sons to avoid paying $4 million restitution for crop insurance fraud.
Texas farmers filed an emergency motion to recover $1.4 million owed for grain deliveries by bankrupt Hansen-Mueller Co., citing special agricultural lien protections under bankruptcy code.
A WASDE report, the next Fed interest rate decision, and an announcement of the latest USDA farm aid payments are all on tap the week of Dec. 7.
Tyson's Lexington, Nebraska, beef plant closure affects numerous groups of people and could have a longer-term effect on cattle prices.
Ethanol production in the United States averaged 1.126 million barrels per day (bpd) for the week ended Nov. 28.
Section 1031 exchanges involve complex rules about asset classes, debt and strict timing requirements that require professional guidance to avoid costly mistakes.
A Nebraska bankruptcy court approved a bidding process for a December sale of Hansen-Mueller Co. grain assets located in multiple states.
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| DTN Ag Interest Rate Snapshot | ||
| TODAY | - LAST YEAR | |
| as of: | 12/9/25 | 12/9/24 |
| BENCHMARKS | ||
| Prime Rate | 7.00 | 8.25 |
| 30-Day Libor | 5.19 | |
| 1-Year Libor | 5.91 | |
| 10-Yr. Treasury | 4.17 | 3.73 |
| CCC Loan Rate | 5.000 | 5.750 |
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