USDA Sets April Interest Rates
WASHINGTON - Apr 1/14 - SNS -- The USDA's Commodity Credit Corporation set interest rates for April 2014. The CCC borrowing rate-based charge for April is 0.125%, unchanged from 0.125% in March.
The interest rate for crop year commodity loans less than one year disbursed during April is 1.125%, unchanged from 1.125% in March.
Interest rates for Farm Storage Facility Loans approved for April are as follows, 2.125% with seven-year loan terms, unchanged from 2.125% in March; 2.750% with 10-year loan terms, unchanged from 2.750% in March and; 2.875% with 12-year loan terms, unchanged from 2.875% in March. The interest rate for 15-year Sugar Storage Facility Loans for April is 3.125%, unchanged from 3.125% in March.
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