Wednesday, April 1, 2015

USDA Announces Commodity Credit Corporation Lending Rates April 2015

WASHINGTON, April 1, 2015 — The U.S. Department of Agriculture's Commodity Credit Corporation (CCC) today announced interest rates for April 2015. The CCC borrowing rate-based charge for April is 0.250 percent, unchanged from 0.250 percent in March. The interest rate for crop year commodity loans less than one year disbursed during April is 1.250 percent, unchanged from 1.250 percent in March. Interest rates for Farm Storage Facility Loans approved for April are as follows, 1.875 percent with seven-year loan terms, up from 1.750 percent in March; 2.125 percent with 10-year loan terms, up from 1.875 percent in March and; 2.250 percent with 12-year loan terms, up from 2.000 percent in March. The interest rate for 15-year Sugar Storage Facility Loans for April is 2.375 percent, up from 2.125 percent in March. Further program information is available from USDA Farm Service Agency's (FSA) Financial Management Division at 202-772-6041. USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users).

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