The U.S. Department of Agriculture's Commodity Credit Corporation (CCC) today announced interest rates for December 2015. The CCC borrowing rate-based charge for December is 0.375 percent, up from 0.250 percent in November.
The interest rate for crop year commodity loans less than one year disbursed during December is 1.375 percent, up from 1.250 percent in November.
Interest rates for Farm Storage Facility Loans approved for December are as follows, 2.000 percent with seven-year loan terms, up from 1.750 percent in November; 2.250 percent with 10-year loan terms, up from 2.125 percent in November and; 2.375 percent with 12-year loan terms, up from 2.250 percent in November. The interest rate for 15-year Sugar Storage Facility Loans for December is 2.500 percent, up from 2.375 percent in November.