USDA's Commodity Credit Corporation (CCC) today announced that the borrowing rate-based charge will remain at 0.125% for April, unchanged from March. The interest rate for crop year commodity loans less than one year disbursed during April is also unchanged from month-ago at 1.125%.
Interest rates for Farm Storage Facility Loans approved for April are as follows:
- 2.125% with seven-year loan terms, unchanged from March;
- 2.750% with 10-year loan terms, unchanged from March and;
- 2.875% with 12-year loan terms, unchanged from March.
The interest rate for 15-year Sugar Storage Facility Loans for April is 3.125%, unchanged from 3.125% in March.
Further program information is available from USDA Farm Service Agency's (FSA) Financial Management Division at 202-772-6041.