Monette Farms Asks Court for More Time
Saskatchewan-based Monette Farms seeks more time under creditor protection as the company works to complete farmland sales and restructure $829.5 million in debt.
Saskatchewan-based Monette Farms seeks more time under creditor protection as the company works to complete farmland sales and restructure $829.5 million in debt.
Ethanol production in the United States averaged 1.143 million barrels per day (bpd) in the week ended Oct. 30.
Lenders reported continued pressure on farm profitability in 2026, with 75% of respondents saying profitability had declined among their borrowers, according to the annual survey by the American Bankers Association and Farmer Mac.
Two North Dakota farmers face felony charges for allegedly concealing crop production to collect $619,000 in crop-insurance payments, with precision ag data providing key evidence.
A group of 36 Texas cattle producers is developing a new beef processing facility with a $24.6 million USDA-backed loan, seeking an alternative to major meatpacking companies.
DTN editors will be reviewing how Tuesday's election influences ag issues as most of the country will be wetter and cooler going into November.
The October prices for corn and soybean contracts both averaged higher than the spring price discovery period. Price protection in crop insurance policies will use the harvest price guarantees of $4.75 a bushel for corn and $12.63 for...
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| DTN Ag Interest Rate Snapshot | ||
TODAY |
- LAST YEAR |
|
as of: |
11/5/26 |
11/5/25 |
| BENCHMARKS | ||
| Prime Rate | 7.00 |
8.25 |
| 30-Day Libor | 5.19 |
|
| 1-Year Libor | 5.91 |
|
| 10-Yr. Treasury | 4.90 |
3.73 |
| CCC Loan Rate | 5.500 |
5.750 |
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