USDA Sets June Interest Rates
WASHINGTON - Jun 1/15 - SNS -- The USDA's Commodity Credit Corporation set interest rates for June 2015. The CCC borrowing rate-based charge for June is 0.250%, unchanged from 0.250% in May.
The interest rate for crop year commodity loans less than one year disbursed during June is 1.250%, unchanged from 1.250% in May.
Interest rates for Farm Storage Facility Loans approved for June are as follows, 1.875% with seven-year loan terms, unchanged from 1.875% in May; 2.125% with 10-year loan terms, unchanged from 2.125% in May and; 2.250% with 12-year loan terms, up from 2.000% in May. The interest rate for 15-year Sugar Storage Facility Loans for June is 2.375%, up from 2.125% in May.
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