Farms.com Home   News

USDA Announces Commodity Credit Corporation Lending Rates For March 2015

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

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

Interest rates for Farm Storage Facility Loans approved for March are as follows, 1.750 percent with seven-year loan terms, down from 1.875 percent in February; 1.875 percent with 10-year loan terms, down from 2.000 percent in February and; 2.000 percent with 12-year loan terms, down from 2.125 percent in February. The interest rate for 15-year Sugar Storage Facility Loans for March is 2.125 percent, down from 2.250 percent in February.

Source:usda.gov


Trending Video

Nutrient Management Manure Injection

Video: Nutrient Management Manure Injection

Discover the benefits of manure injection in farming! Learn how nutrient management planners are helping farmers maximize manure nutrients and reduce nitrogen fertilizer costs. Coupling nutrient management with manure injection is key to achieving both farm profit and the environmental benefits of manure injection.