USDA Announces Commodity Credit Corporation Lending Rates For August 2015

Aug 05, 2015

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

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

Interest rates for Farm Storage Facility Loans approved for August are as follows, 2.125 percent with seven-year loan terms, up from 2.000 percent in July; 2.375 percent with 10-year loan terms, up from 2.250 percent in July and; 2.500 percent with 12-year loan terms, up from 2.375 percent in July. The interest rate for 15-year Sugar Storage Facility Loans for August is 2.625 percent, unchanged from 2.625 percent in July.

Source:usda.gov

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