Mother Nature is calling the shots this spring as always, which means a slow start to the planting season and a rush to get herbicide and fertilizer applications finished in time.
Business & Inputs
Nature gives and takes as winter annuals create a questionable splash of color over the landscape.
Attorneys for a number of biofuels and petroleum interests made oral arguments before a federal court in Washington on Monday.
Track interest rate trends in benchmark rates, farm mortgages, operating credit, farm machinery and feeder loans, based on DTN sources and Federal Reserve surveys of ag banks.
U.S. fuel ethanol inventories, plant production and blending demand all increased last week after falling week prior.
The U.S. Department of Commerce launched an antidumping and countervailing duty investigation aimed at biodiesel producers in Argentina and Indonesia.
Forages generally appear to be in good shape across the country as the growing season begins, forage specialists report. However, there could be some issues with winter injury and possible problems with increased numbers of pests and weeds with the warmer winter weather.
Ag Interest Rate
|DTN Ag Interest Rate Snapshot|
|TODAY||- LAST YEAR|
|CCC Loan Rate||2.000||1.625|
|Real Estate *||4.48||4.24|
|Feeder Livestock *||4.00||4.01|
|Farm Machinery *||4.58||4.14|
|* Federal Reserve's quarterly average|
|effective interest rates at ag banks.|
The Federal Reserve’s December 2015 decision to gradually lift short-term interest rates has already hiked key rates on farm loans.