USDA Announces Commodity Credit Corporation Lending Rates For February 2017

The U.S. Department of Agriculture's Commodity Credit Corporation (CCC) today announced interest rates for February 2017. The CCC borrowing rate-based charge for February is 0.875 percent, unchanged from 0.875 percent in January.

The interest rate for crop year commodity loans less than one year disbursed during February is 1.875 percent, unchanged from 1.875 percent in January.  

Interest rates for Farm Storage Facility Loans approved for February are as follows, 1.500 percent with three-year loan terms, unchanged from 1.500 percent in January; 2.000 percent with five-year loan terms, up from 1.875 percent in January; 2.250 percent with seven-year loan terms, unchanged from 2.250 percent in January; 2.500 percent with 10-year loan terms, up from 2.375 percent in January and; 2.500 percent with 12-year loan terms, unchanged from 2.500 percent in January. The interest rate for 15-year Sugar Storage Facility Loans for February is 2.625 percent, unchanged from 2.625 percent in January.  

Source:usda.gov