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