Ag Interest Rate Snapshot
| DTN Ag Interest Rate Snapshot | ||
| TODAY | - LAST YEAR | |
| as of: | 6/13/16 | 6/14/15 |
| BENCHMARKS | ||
| Prime Rate | 3.50 | 3.25 |
| 30-Day Libor | 0.45 | 0.19 |
| 1-Year Libor | 1.27 | 0.79 |
| 10-Yr. Treasury | 1.64 | 2.39 |
| CCC Loan Rate | 1.625 | 1.250 |
| Real Estate * | 4.28 | 4.24 |
| Operating * | 3.58 | 4.50 |
| Feeder Livestock * | 4.18 | 4.01 |
| Farm Machinery * | 4.69 | 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.