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USDA Sets November Interest Rates
WASHINGTON - Nov 1/07 - SNS -- The USDA's Commodity Credit Corporation (CCC) set interest rates for November 2007, lowering it to 4.125% from 4.250% in October 2007.
For 1996 and subsequent crop year commodity and marketing assistance loans, the interest rate for loans disbursed during November 2007 is 5.125%, down from 5.250% in October 2007.
The interest rate for farm storage facility loans approved for November 2007 is 4.375%, unchanged from October 2007. The interest rate for sugar storage facility loans for November 2007 is 4.875%, unchanged from October 2007.
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