Business & Inputs

Headlines

  • Archer Daniels Midland has appealed a federal court's decision to release information about a company employee at the center of an ongoing ethanol markets lawsuit. (Logo courtesy of Archer Daniels Midland)

    ADM: Employee Info Released in Error

    Archer Daniels Midland this week filed an appeal of a May 3 ruling by a federal court in Illinois. The court ordered the release of documents in connection with the suspension of an accounting employee at the center of an ethanol markets lawsuit.

  • Joe Morken, of Casselton, North Dakota, was one of many soybean farmers in the area who are unhappy with Tharaldson Ethanol's attempt to block North Dakota Soybean Processors from being built. Construction of the new soybean crush facility is expected to begin this year, next door to the ethanol plant. (DTN photo by Joel Reichenberger)

    Cash in on Soy Crush - 4

    Renewable diesel demand is leading to a rapid expansion of soybean crush. While some communities are welcoming new and expanding facilities, in one North Dakota area, this also led to controversy.

  • (DTN/Progressive Farmer file photo)

    REG Partners With CFN, Pacific Pride

    Renewable Energy Group Inc. has entered into strategic collaboration agreements with CFN and Pacific Pride, two of North America's largest cardlock fueling networks, to provide cleaner fuels through their branded cardlock networks.

  • A ship is loaded with soybeans in New Orleans. The U.S. could export less whole soybeans as domestic crush capacity increases. (Photo courtesy of U.S. Soybean Export Council)

    Cash in on Soy Crush - 3

    As renewable diesel demand increases, more soybeans will be needed. Here are some of the projections for soybean acreage and yield, as well as what this could mean for export numbers and challenges.

Ag Interest Rate

DTN Ag Interest Rate Snapshot
TODAY - LAST YEAR
as of: 5/20/22 5/20/21
BENCHMARKS
Prime Rate 4.00 3.25
30-Day Libor 0.96 0.10
1-Year Libor 2.71 0.26
10-Yr. Treasury 2.84 1.66
CCC Loan Rate 2.750 1.125
Real Estate * 3.94 4.72
Operating * 4.10 5.09
Feeder Livestock * 4.31 5.05
Farm Machinery * 4.88 5.57
* Federal Reserve's quarterly average
effective interest rates at ag banks.
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