USDA Announces Commodity Credit Corporation Lending Rates for March 2014
The U.S. Department of Agriculture’s Commodity Credit Corporation announced interest rates for March 2014. The borrowing rate-based charge for March is 0.125 percent, unchanged from 0.125 percent in February.
The interest rate for commodity and marketing assistance loans disbursed during March is 1.125 percent, unchanged from 1.125 percent in February.
Interest rates for Farm Storage Facility Loans approved for March are as follows, 2.125 percent with seven-year loan terms, down from 2.375 percent in February; 2.750 percent with 10-year loan terms, down from 3.000 percent in February and; 2.875 percent with 12-year loan terms, down from 3.125 percent in February.
Further program information is available from USDA Farm Service Agency’s Financial Management Division at 202-772-6041.