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USDA Sets February Interest RatesWASHINGTON - Feb 1/07 - SNS -- The USDA's Commodity Credit Corporation (CCC) set interest rates it will charge during February 2007. The CCC borrowing rate-based charge is 5.000% for February 2007, unchanged from January 2007. For 1996 and subsequent crop year commodity and marketing assistance loans, the interest rate for loans disbursed during February 2007 is 6.000%, unchanged from January 2007. The interest rate for farm storage facility loans approved for February 2007 is 4.625%, up from 4.500% in January 2007. The interest rate for sugar storage facility loans for February 2007 is 4.875%, up from 4.750% in January 2007.
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