Ag Interest Rate Snapshot

DTN Ag Interest Rate Snapshot
TODAY - LAST YEAR
as of: 7/26/16 7/27/15
BENCHMARKS
Prime Rate 3.50 3.25
30-Day Libor 0.49 0.19
1-Year Libor 1.39 0.81
10-Yr. Treasury 1.57 2.23
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.