Ag Interest Rate Snapshot

DTN Ag Interest Rate Snapshot
TODAY - LAST YEAR
as of: 3/20/17 3/20/16
BENCHMARKS
Prime Rate 3.50 3.50
30-Day Libor 0.98 0.43
1-Year Libor 1.81 1.20
10-Yr. Treasury 2.50 1.88
CCC Loan Rate 1.875 1.625
Real Estate * 4.48 4.24
Operating * 4.27 4.50
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.