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USDA Announces Commodity Credit Corporation Lending Rates For January 2015

The U.S. Department of Agriculture's Commodity Credit Corporation (CCC) today announced interest rates for January 2015. The CCC borrowing rate-based charge for January is 0.125 percent, unchanged from 0.125 percent in December.

The interest rate for crop year commodity loans less than one year disbursed during January is 1.125 percent, unchanged from 1.125 percent in December.

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

Source:usda.gov


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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

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Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.