Articles tagged under: interest rates

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…
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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.
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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…
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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.…
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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…
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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…
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Little Change Seen in Interest Rates

Published May 7, 2018

Interest expenses for farmers and ranchers have increased slightly. According to the Federal Reserve Bank of Kansas City, the interest rates for most types of farm loans at commercial banks increased between one and one-and-a-half percentage points since 2015. Despite…
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No Changes Expected in Fed Meeting

Published April 30, 2018

Federal Reserve officials will meet this week and are expected to make no changes to interest rates. The Fed has indicated two more rate increases will be seen this year, but that will likely depend on the level of inflation…
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