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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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Growing up on a cow-calf operation and small feedlot near Lumby, BC, Reanna learned agriculture the hands-on way with her sister on the family farm. Today, as Channel Marketing Manager for Syngenta Canada, what Reanna loves most about her work is simple: the customer is always at the centre. Whether that's a grower or a channel partner, she understands them on a personal level - because she's the daughter of one. But for Reanna, supporting ag doesn't stop at her job. She volunteers with local 4-H clubs, lends a hand to her farming neighbours, and is raising her own kids to understand and respect the land. Her advice to the next generation? "It's an amazing time to be in the industry - it's going to look completely different in 20 years. To be part of the evolution is very exciting."