Ag Interest Rate Snapshot
DTN Ag Interest Rate Snapshot | ||
TODAY | - LAST YEAR | |
as of: | 7/27/16 | 7/28/15 |
BENCHMARKS | ||
Prime Rate | 3.50 | 3.25 |
30-Day Libor | 0.49 | 0.19 |
1-Year Libor | 1.40 | 0.80 |
10-Yr. Treasury | 1.54 | 2.25 |
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.
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