NEWS
Minding Ag's Business
Marcia Zarley Taylor DTN Executive Editor
Tue Jun 25, 2013 05:08 PM CDT


Like Rip Van Winkle, long-term interest rates are awaking from years of deep sleep. Panic over the Fed's eventual exit from mortgage markets sent rates on the benchmark 10-year Treasuries spiraling, up from 2.14% on June 14 to 2.62% a week later. Rates are now running the highest since August 2011.
Farm mortgages at the nation's largest farm real estate lenders are responding in kind--and then some. As bond markets fell out of favor, the spread between Treasuries and Farm Credit System bonds widened, from 50-70 basis points to more than 100 basis points over comparable Treasuries.
Twenty-year, fixed ...

Quick View
  • Dealing with Diplodia After the latest spate of wet, cool weather in parts of the Midwest, plant pathologists are urgin...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories