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USDA Sets March Interest Rates
WASHINGTON - Mar 1/07 - SNS -- The USDA set interest rates which will be charged in March on Commodity Credit Corporation (CCC) loans.
The CCC borrowing rate-based charge is 5.125% for March 2007, up from 5.000% in February 2007. For 1996 and subsequent crop year commodity and marketing assistance loans, the interest rate for loans disbursed during March 2007 is 6.125%, up from 6.000% in February 2007.
The interest rate for farm storage facility loans approved for March 2007 is 4.750%, up from 4.625% in February 2007. The interest rate for sugar storage facility loans for March 2007 is 5.000%, up from 4.875% in February 2007.
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