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  • U.S. attorneys asked a federal judge to expedite an ongoing crop insurance and benefits fraud case in Michigan. (Photo by Tim-Evanson-cc-by-sa-2.0)

    US Wants Crops Fraud Case Expedited

    Attorneys for the U.S. government have asked a federal court to expedite an ongoing crop insurance and benefits fraud case, alleging a Michigan farmer accused of using so-called straw-farms to receive crop insurance and other federal benefits is...

  • The White House early Thursday announced a tentative deal to avoid a nationwide freight rail strike involving more than 100,000 workers. Agricultural groups had said a rail strike would be devastating for the farm economy, especially as fall harvest ramps up. (DTN file photo by Mary Kennedy)

    Railroad Strike Averted

    The deal, if culminated, offers a sigh of relief across the agricultural and biofuels supply chain. Agricultural groups this past week had increasingly called on Congress to prepare to step in to block a potential strike that would have gridlocked...

  • Trains in this BNSF railroad yard in Lincoln, Nebraska, include fuel cars, coal and grain cars. Each of these sectors would be affected if a rail strike begins Thursday night. (DTN/The Progressive Farmer file photo by Jim Patrico)

    Rail Strike Risks Harvest and Biofuels

    Farmers could see price impacts and struggles getting access to fertilizer because of a possible railroad strike. Some livestock producers could also face problems getting their usual feed deliveries. Fuel prices could rise because a high percentage of...

  • USDA's Partnership for Climate-Smart Commodities program announced 70 projects nationally meant to test if farmers and livestock producers can sequester carbon in the soil while getting more value for their commodities. At least 13 of the projects involve livestock, including some that incentivize diversifying grazing rotations and using cover crops to graze cattle. (DTN file photo)

    Funding Flows for Climate-Smart Grants

    USDA on Wednesday detailed 70 grants totaling up to $2.8 billion in potential funding under the Partnership for Climate-Smart Commodities. The program was initially expected to cost $1 billion, but USDA increased funding after receiving more than 1,000...

  • Emily Skor, CEO of Growth Energy, asks a question to EPA Administrator Michael Regan about the rule EPA will draft, the "RFS Set," that EPA should release in mid-November. EPA also is looking at approving a waiver from eight Midwestern states that want to sell E15 year-round. (DTN photo by Chris Clayton)

    EPA Chief Touts Biofuel Policies

    EPA Administrator Michael Regan spoke to members of Growth Energy on Tuesday about the agency's pathway forward on the RFS and E15. Later in the afternoon, biofuel and agricultural leaders also took part in a White House celebration of the passage...

  • An ADM grain elevator in Oakley, Kansas, is among four grain facilities in northwestern Kansas that ADM is selling to competitor Scoular this month. The companies said employees at the four grain elevators will be offered positions at Scoular. (Photo courtesy of Scoular)

    ADM Sells Kansas Facilities to Scoular

    Scoular states the purchase will more than double its grain storage capacity in northwestern Kansas. The deal reduces some area competition, especially around Goodland, Kansas, where Scoular already owns two facilities.

  • Weekly EIA Ethanol Report

    Ethanol production in the United States reached a four-week high through Sept. 2 while both demand for the fuel blendstock and inventory continued lower, late morning data released by the Energy Information...

  • DOE Awards SAF Funding to Green Plains, Tallgrass, PNNL

    Green Plains Inc., Tallgrass, and Pacific Northwest National Laboratory announced Tuesday they have been awarded funding from the U.S. Department of Energy to advance sustainable aviation fuel (SAF) technology as...

  • A farmer harvesting soybeans off a field in 2021. A federal judge last week sentenced a Nebraska farmer to pay $1 million in restitution for filing false crop insurance claims on his soybeans and corn crops in 2015. (DTN photo by Matthew Wilde)

    Crop Insurance Fraud Case

    The farmer had pleaded guilty in June to knowingly making false statements on his 2015 crops. He had collected a $700,092 check on soybeans, but investigators found he had sold soybeans using his father's name.

  • A minority stake in a new packing plant project in North Platte, Nebraska, will give Walmart a more secure supply of beef. As more independent packer projects develop, ties to retailers will help ensure they have market access. How producers make out long-term with this kind of vertical integration with retailers remains to be seen. (DTN photo by Chris Clayton)

    Walmart and Beef's Vertical Integration

    The news that Walmart is investing in a midsized Nebraska packing plant reflects how regional packers will operate separately from the Big Four. We will likely see more of this kind of relationship between independent packers and retailers.

  • Ethanol Demand Retreats Again

    Ethanol demand in the United States continued lower in the fourth week of August, falling 1.4%.

  • Grain bins and grain handling equipment are expected to rise in 2023, according to John Tuttle of Brock Grain Systems. The company is one of hundreds with exhibits at this week's Farm Progress Show in Boone, Iowa. Many exhibitors interviewed by DTN project farm input and other costs to go up next year. (DTN photo by Matthew Wilde)

    Farm Expenses to Rise

    With soaring inflation, high fuel costs and continued supply chain issues, farm show exhibitors say farmers are keeping a close eye on the bottom line. Farmers are inquiring about pricing for next year on everything from seed and farm chemicals to...

Ag Interest Rate

DTN Ag Interest Rate Snapshot
TODAY - LAST YEAR
as of: 9/30/22 9/30/21
BENCHMARKS
Prime Rate 6.25 3.25
30-Day Libor 3.13 0.10
1-Year Libor 4.79 0.25
10-Yr. Treasury 3.72 1.50
CCC Loan Rate 4.000 1.125