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USDA Sets June Interest Rates
WASHINGTON - Jun 1/07 - SNS -- The USDA's Commodity Credit Corporation (CCC) today announced interest rates for June 2007.
The CCC borrowing rate-based charge is 4.875% for June 2007, unchanged from May 2007. For 1996 and subsequent crop year commodity and marketing assistance loans, the interest rate for loans disbursed during June 2007 is 5.875%, unchanged from May 2007.
The interest rate for farm storage facility loans approved for June 2007 is 4.625%, unchanged from May 2007. The interest rate for sugar storage facility loans for June 2007 is 4.875%, unchanged from May 2007.
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