USDA Sets March Interest Rates
WASHINGTON - Mar 3/14 - SNS -- The USDA's Commodity Credit Corporation (CCC) set interest rates for March 2014.
The CCC borrowing rate-based charge for March is 0.125%, unchanged from 0.125% in February.
The interest rate for commodity and marketing assistance loans disbursed during March is 1.125%, unchanged from 1.125% in February.
Interest rates for Farm Storage Facility Loans approved for March are as follows, 2.125% with seven-year loan terms, down from 2.375% in February; 2.750% with 10-year loan terms, down from 3.000% in February and; 2.875% with 12-year loan terms, down from 3.125% in February. The interest rate for 15-year Sugar Storage Facility Loans for March is 3.125%, down from 3.375% in February.
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