Farms.com Home   News

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


Trending Video

SaskAgToday.com Roundtable: India imposes a 30% duty on all yellow pea imports

Video: SaskAgToday.com Roundtable: India imposes a 30% duty on all yellow pea imports

Canadian farmers have another barrier to deal with when marketing grain. India announced it will issue a 30% duty on all yellow pea imports, including from Canada, effective Saturday, November 1. That was the main topic of the SaskAgToday.com Roundtable, though it's not the only one as the final crop report of 2025, SARM's recent trip to Ottawa, and the upcoming Grain Millers Harvest Showdown in Yorkton were other notable topics.