USDA Sets January Interest Rates
WASHINGTON 0 Jan 2/14 - SNS -- The USDA's Commodity Credit Corporation (CCC) set interest rates for January 2014.
The CCC borrowing rate-based charge for January 2014 is 0.125%, unchanged from 0.125% in December 2013.
The interest rate for commodity and marketing assistance loans disbursed during January 2014 is 1.125%, unchanged from 1.125% in December 2013.
Interest rates for Farm Storage Facility Loans approved for January 2014 are as follows, 2.250% with seven-year loan terms, up from 2.000% in December 2013; 2.875% with 10-year loan terms, up from 2.625% in December 2013 and; 3.000% with 12-year loan terms, up from 2.875% in December 2013. The interest rate for 15-year Sugar Storage Facility Loans for January 2014 is 3.375%, up from 3.125% in December 2013.
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