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CCC Sets February Interest Rates
WASHINGTON - Feb 2/04 - SNS -- The USDA's Commodity Credit Corporation (CCC) has set the interest rate for 1995 and prior crop year commodity loans disbursed at 1.250% during February, down from 1.375% in January 2004.
For 1996 and subsequent crop year commodity and marketing assistance loans, the interest rate for loans disbursed during February 2004 is 2.250%, down from 2.375 in January 2004.
The interest rate for farm storage facility loans approved in February 2004 is 3.750, unchanged from January 2004. The interest rate for sugar storage facility loans is 4.750% for February 2004, down from 4.875% in January 2004.
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