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USDA Sets January Lending RatesWASHINGTON - Jan 3/07 - SNS -- The USDA set interest rates for January 2007 at 5% and for 1996 and subsequent crop year commodity and marketing assistance loans, the interest rate for loans disbursed during January 2007 is 6%, unchanged from December 2006. The interest rate for farm storage facility loans approved for January 2007 is 4.5%, down from 4.625 percent in December 2006. The interest rate for sugar storage facility loans for January 2007 is 4.75%, down from 4.875% in December 2006.
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