USDA Announces Commodity Credit Corporation Lending Rates For March 2017

Mar 02, 2017

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

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

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

Source:usda.gov

Video: How to Maximize Swine Profitability with U.S. Soy

Are you looking for ways to maximize profitability in swine production? Leading animal nutritionists talk about the "soy effect," asserting the value of using soybean meal (SBM) made from U.S. Soy when formulating feed rations. In this video, Dr. David Rosero, assistant professor at Iowa State University, explains the soy effect and four key reasons for including soybean meal in swine diets for optimal performance and profitability.

Four Pillars of Soybean Meal in Swine Nutrition:
1. Energy Contribution of Soybean Meal in Commercial Diets
2. Soybean Meal as a Functional Bioactive for Animal Health
3. Soybean Meal as a High-Value Protein Source During Late Finisher Diets
4. Soybean Meal-Based Diets to Mitigate Summer Weight Dip
The proven consistency and quality exhibited by U.S. Soy makes for a superior nutritional bundle in animal nutrition, offering a reliable source of protein and energy for high-performing swine.