Farms.com Home   News

USDA Announces Commodity Credit Corporation Lending Rates For May 2015

The U.S. Department of Agriculture's Commodity Credit Corporation (CCC) today announced interest rates for May 2015. The CCC borrowing rate-based charge for May is 0.250 percent, unchanged from 0.250 percent in April.

The interest rate for crop year commodity loans less than one year disbursed during May is 1.250 percent, unchanged from 1.250 percent in April.

 Interest rates for Farm Storage Facility Loans approved for May are as follows, 1.750 percent with seven-year loan terms, down from 1.875 percent in April; 1.875 percent with 10-year loan terms, down from 2.125 percent in April and; 2.000 percent with 12-year loan terms, down from 2.250 percent in April. The interest rate for 15-year Sugar Storage Facility Loans for May is 2.125 percent, down from 2.375 percent in April.

Source:usda.gov


Trending Video

Evolution of Beef Cattle Farming

Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.