USDA's Commodity Credit Corporation (CCC) today announced that its borrowing rate-based charge for March 2014 is 0.125%, unchanged from February. The interest rate for commodity and marketing assistance loans disbursed this month also held steady at 1.125%.
Interest rates for Farm Storage Facility Loans approved for March are as follows:
- 2.125% with seven-year loan terms, down from 2.375% in February
- 2.750% with 10-year loan terms, down from 3.000% last month
- 2.875% with 12-year loan terms, down from 3.125% in February
The interest rate for 15-year Sugar Storage Facility Loans for March is 3.125%, down from 3.375% in February.
Further program information is available from USDA Farm Service Agency's (FSA) Financial Management Division at 202-772-6041.