USDA Sets Seoptember Interest Rates
WASHINGTON - Sep 2/14 - SNS -- The USDA's Commodity Credit Corporation (CCC) set interest rates for September 2014. The CCC borrowing rate-based charge for September is 0.125%, unchanged from 0.125% in August.
The interest rate for crop year commodity loans less than one year disbursed during September is 1.125%, unchanged from 1.125% in August.
Interest rates for Farm Storage Facility Loans approved for September are as follows, 2.125% with seven-year loan terms, unchanged from 2.125% in August; 2.500% with 10-year loan terms, down from 2.625% in August and; 2.625% with 12-year loan terms, down from 2.750% in August. The interest rate for 15-year Sugar Storage Facility Loans for September is 2.750%, down from 2.875% in August.
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.
