Farms.com Home   News

USDA Announces Commodity Credit Corporation Lending Rates For July 2015

The U.S. Department of Agriculture's Commodity Credit Corporation (CCC) today announced interest rates for July 2015. The CCC borrowing rate-based charge for July is 0.250 percent, unchanged from 0.250 percent in June.
 
The interest rate for crop year commodity loans less than one year disbursed during July is 1.250 percent, unchanged from 1.250 percent in June.
 
Interest rates for Farm Storage Facility Loans approved for July are as follows, 2.000 percent with seven-year loan terms, up from 1.875 percent in June; 2.250 percent with 10-year loan terms, up from 2.125 percent in June and; 2.375 percent with 12-year loan terms, up from 2.250 percent in June. The interest rate for 15-year Sugar Storage Facility Loans for July is 2.625 percent, up from 2.375 percent in June.
 

Trending Video

Better Farming Ontario - Proudly Serving the World's Best Farmers for Over 25 Years

Video: Better Farming Ontario - Proudly Serving the World's Best Farmers for Over 25 Years


For over 25 years, Ontario Federation of Agriculture members have trusted Better Farming as a source for information to help them farm profitably, with insights and best practices for cash cropping, soil health, pest and weed control, livestock, and farm business management.

Watch this video to learn more about Better Farming and its relationship with producers across Ontario.

Message from Better Farming:

To our OFA farming readers, thank you for your time and your trust, for 25 years now. We look forward to continuing the journey with you.