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No Change in CCC Interest Rates
WASHINGTON - Dec 1/06 - SNS -- The USDA's Commodity Credit Corporation (CCC) today announced interest rates for December 2006. The CCC borrowing rate-based charge is 5.000% for December 2006, unchanged from November 2006.
For 1996 and subsequent crop year commodity and marketing assistance loans, the interest rate for loans disbursed during December 2006 is 6.000%, unchanged from November 2006.
The interest rate for farm storage facility loans approved for December 2006 is 4.625%, unchanged from November 2006. The interest rate for sugar storage facility loans for December 2006 is 4.875%, unchanged from November 2006.
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