Ag Interest Rate Snapshot

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DNT – THE PROGRESSIVE FARMER – Interest rates on 10-year Treasuries and related mortgages have dived to new lows as world financial markets worry about recession in Europe and elsewhere.

DTN Ag Interest Rate Snapshot
TODAY – LAST YEAR
as of: 7/30/18 7/30/17
BENCHMARKS
Prime Rate 5.00 4.25
30-Day Libor 2.08 1.23
1-Year Libor 2.82 1.73
10-Yr. Treasury 2.99 2.30
CCC Loan Rate 3.125 2.125
Real Estate * 4.53 4.24
Operating * 4.64 4.50
Feeder Livestock * 4.48 4.01
Farm Machinery * 5.44 4.14
* Federal Reserve’s quarterly average
effective interest rates at ag banks.

 

Posted by: The Progressive Farmer, 7/30/2018 | 7:41 AM CDT

Graph Source: DTN and Federal Reserve Data