USDA Sets June Interest Rates
WASHINGTON - Jun 2/14 - SNS -- The USDA's Commodity Credit Corporation (CCC) set interest rates for June 2014. The CCC borrowing rate-based charge for June is 0.125%, unchanged from 0.125% in May.
The interest rate for crop year commodity loans less than one year disbursed during June is 1.125%, unchanged from 1.125% in May.
Interest rates for Farm Storage Facility Loans approved for June are as follows, 2.250% with seven-year loan terms, unchanged from 2.125% in May; 2.625% with 10-year loan terms, down from 2.750% in May and; 2.750% with 12-year loan terms, down from 2.875% in May. The interest rate for 15-year Sugar Storage Facility Loans for May is 3.000%, down from 3.125% in May.
Only active subscribers can read all of this article.
If you are a subscriber, please log into the website.
If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.
