Valley Ag Loans, Inc.

Farm Loan Industry Updates

May 27, 2020

Treasury rates have moved mostly sideways over the past month with a slight softening at the shorter end and some strengthening at the longer end. Since April 28 the 10 year note has increased 6 basis points to .68%. Short term rates nudged higher by a few basis points and medium term rates are below .50% until you get out to seven years. Ag loan interest rates continue to be very attractive. We have maintained a slight yield curve with the spread today between three month T-bills and 10 year bonds at 53 basis points.

The dollar has remained mostly stable to slightly stronger after seeing some shocks in the early part of March.

Contact us today to get current rates and terms!