The U.S. Department of Agriculture’s (USDA) Commodity Credit Corporation (CCC) has announced interest rates for November.
The CCC borrowing rate-based charge for November is 0.125 percent, unchanged from October, according to the USDA. For crop year commodity loans less than one year disbursed during November, the rate is 1.125 percent.
November interest rates for Farm Storage Facility Loans are as follows: 2.125 percent with seven-year loan terms; 2.375 percent with 10-year loan terms; and 2.5 percent with 12-year loan terms. Plus, the rate for 15-year Sugar Storage Facility Loans is 2.625 percent.
Further program information is available from USDA Farm Service Agency’s (FSA) Financial Management Division at 202-772-6041.