USDA Announces Commodity Credit Corporation Lending Rates For June 2015

Jun 02, 2015

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

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

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

Source:usda.gov

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