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USDA Sets September Interest Rates
WASHINGTON - Sep 1/04 - SNS -- The interest rate for 1995 and prior crop year commodity loans disbursed by USDA’s Commodity Credit Corporation (CCC) during September 2004 is 2.000%, down from 2.125% in August 2004.
For 1996 and subsequent crop year commodity and marketing assistance loans, the interest rate for loans disbursed during September 2004 is 3.000%, down from 3.125% in August 2004.
The interest rate for farm storage facility loans approved in September 2004 is 4.000%, down from 4.125% in August 2004. The interest rate for sugar storage facility loans for September 2004 is 4.875%, down from 5.000% in August 2004.
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