interest rates | Red River Farm Network

Fed Holds Interest Rates

Published June 11, 2020

After its two-day policy meeting, Fed Chairman Jerome Powell said the central bank plans to keep interest rates near zero through 2022. The decision was made to provide stability for an economy hurt by COVID-19 and business shutdowns. Fed officials…

Federal Reserve Cuts Interest Rates

Published March 16, 2020

On Sunday, the Federal Reserve cut interest rates to near zero. This is the second time interest rates dropped in less than two weeks. The Fed says the effects of the coronavirus will weigh on economic activity in the near…

What’s Hot, What’s Not in the Markets

Published March 9, 2020

Interest rates are at record lows. Advance Trading Risk Management Advisor Tommy Grisafi says the crude oil market is also at levels not seen since the Gulf War in 1991. These outside influences are having an impact on agriculture. Learn…

AgCountry Cutting Variable Rate Loan Interest Rates

Published November 1, 2019

AgCountry Farm Credit Services is reducing interest rates on variable rate loans starting December 1. According to AgCountry President and CEO Marc Knisely, this move will help better position farmers during the current economic challenges. The decision comes following the…

Fed Announces Interest Rate Reduction

Published August 1, 2019

As expected, the Federal Reserve cut interest rates by a quarter of a percent. This is the first rate cut since 2008. The global economic slowdown and the current trade problems were cited as a reason for the rate adjustment.

Interest Rate Pause is Beneficial for Farmers and Elevators

Published January 22, 2019

Speaking at the North Dakota Grain Dealers Association Convention, CoBank economist Will Secor said interest rates have stabilized. The Federal Reserve Bank’s decision to pause interest rate hikes is called beneficial. "That will keep the costs of borrowing flat for…

Another Interest Rate Bump

Published December 20, 2018

As expected, the Federal Reserve has boosted short-term interest rates for the fourth time this year. The benchmark rate now ranges from 2.25-to-2.5 percent. The Fed also released a statement, indicating a more gradual approach to interest rate increase in…

Pay Attention to the Little Things

Published December 11, 2018

To be successful, Virginia Tech professor emeritus David Kohl is advising farmers to get better, before they get bigger. Speaking at a meeting organized by Hub International in Mayville, North Dakota, Kohl said successful farmers pay attention to the details.…

Peso Plummets in Argentina

Published September 3, 2018

The Argentine economy is in a freefall. To prop up the value of its currency, the Central Bank of Argentina raised its key interest rate to 60 percent Wednesday. That's up from the previous rate of 45 percent. To stabilize…

Fed Boosts Interest Rate Again

Published June 14, 2018

As expected, the Federal Reserve bumped the base interest by a quarter of a percent following their meeting Wednesday. Northern Crops Marketing and Investments President Brad Paulson says the stock market reaction was muted, because of the widely expected the rate…

Articles tagged under: interest rates

Fed Holds Interest Rates

Federal Reserve Cuts Interest Rates

What’s Hot, What’s Not in the Markets

AgCountry Cutting Variable Rate Loan Interest Rates

Fed Announces Interest Rate Reduction

Interest Rate Pause is Beneficial for Farmers and Elevators

Another Interest Rate Bump

Pay Attention to the Little Things

Peso Plummets in Argentina

Fed Boosts Interest Rate Again

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