USDA Announces Commodity Credit Corporation Lending Rates For May 2015

May 04, 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

Video: Air Command Section Control for Pro-Force Spreaders

This patented section control system uses air to divert material on to different areas of the spinner disks for precise 4-section control, for an economical design by eliminating the need for added conveyor belts or movable spreader components. The section control uses the Raven RCM ISOBUS controller and a customer’s field boundary and coverage map to automatically turn off any of the four sections at any time to avoid applying valuable fertilizer in areas where it’s not needed.

This results in fertilizer savings which means more money in your pocket for a maximum Return On Investment. The powerful blower fan sends air through a 4-section manifold while the conveyor automatically speeds up or slows down as sections are turned on or off for consistent and precise fertilizer application.

• The revolutionary patented Air Command section control utilizes a pneumatic system to accurately place fertilizer onto the spinner disks to give you individualized 4-section control of your spread pattern.

• Pinpoint accuracy of four individual sections allows you to operate the system with ease. This robust design with few moving parts offers no gimmicks, just real-world results.

• The new Air Command section control option is available on pull-type models 2250 and 1850 with the new PTO drive system, and on 1450, 1250 and 1050 pull-type models with standard single hydraulics.

• Continue to do it all with the Unverferth pull-type Pro-Force Spreader. Use the Air Command section control for spreading fertilizer and in-seeding applications, while converting to single-section lime or litter application in a matter of minute