USDA Announces Commodity Credit Corporation Lending Rates For February 2016

Feb 02, 2016

The U.S. Department of Agriculture's Commodity Credit Corporation (CCC) today announced interest rates for February 2016. The CCC borrowing rate-based charge for February is 0.625 percent, unchanged from 0.625 percent in January.

The interest rate for crop year commodity loans less than one year disbursed during February is 1.625 percent, unchanged from 1.625 percent in January.

Interest rates for Farm Storage Facility Loans approved for February are as follows, 2.000 percent with seven-year loan terms, unchanged from 2.000 percent in January; 2.125 percent with 10-year loan terms, down from 2.250 percent in January and; 2.250 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 2.375 percent, down from 2.500 percent in January.

Source:usda.gov

Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.