Ag Interest Rate Snapshot

DTN Ag Interest Rate Snapshot
TODAY - LAST YEAR
as of: 6/7/17 6/7/16
BENCHMARKS
Prime Rate 4.00 3.50
30-Day Libor 1.09 0.45
1-Year Libor 1.72 1.29
10-Yr. Treasury 2.15 1.72
CCC Loan Rate 2.125 1.625
Real Estate * 4.04 4.24
Operating * 3.81 4.50
Feeder Livestock * 4.27 4.01
Farm Machinery * 5.14 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.