USDA Announces Commodity Credit Corporation Lending Rates For February 2015

Feb 03, 2015

The U.S. Department of Agriculture's Commodity Credit Corporation (CCC) today announced interest rates for February 2015. The CCC borrowing rate-based charge for February is 0.250 percent, up from 0.125 percent in January.

The interest rate for crop year commodity loans less than one year disbursed during February is 1.250 percent, up from 1.125 percent in January.

Interest rates for Farm Storage Facility Loans approved for February are as follows, 1.875 percent with seven-year loan terms, down from 2.000 percent in January; 2.000 percent with 10-year loan terms, down from 2.250 percent in January and; 2.125 percent with 12-year loan terms, down from 2.375 percent in January. The interest rate for 15-year Sugar Storage Facility Loans for February is 2.250 percent, down from 2.500 percent in January.

Source:usda.gov

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