Friday, March 27, 2020 4:00PM CDT
The House passed the CARES Act by unanimous consent Friday, and President Donald Trump signed the bill into law Friday afternoon. The legislation has nearly $2.2 trillion in aid, including $14 billion that would boost USDA's Commodity Credit Corp., and provide a specific aid set aside for livestock producers, dairy farmers and farmers who sell directly at farmers markets or sell to other businesses affected by the shutdown.
Friday, March 13, 2020 3:22PM CDT
Investors fleeing the stock market have pushed the 10-year Treasury rate down more than 100 basis points over the past few months, presenting a historic opportunity to lock in very low long-term interest rates. One banker compared the cash flow benefits to an additional Market Facilitation Program payment.