USDA Sets November Interest Rates
WASHINGTON - Nov 2/15 - SNS -- The USDA's Commodity Credit Corporation (CCC) today announced interest rates for November 2015.
The CCC borrowing rate-based charge for November is 0.250%, down from 0.375% in October.
The interest rate for crop year commodity loans less than one year disbursed during November is 1.250%, down from 1.375% in October.
Interest rates for Farm Storage Facility Loans approved for November are as follows, 1.750% with seven-year loan terms, down from 1.875% in October; 2.125% with 10-year loan terms, unchanged from 2.125% in October and; 2.250% with 12-year loan terms, down from 2.375% in October. The interest rate for 15-year Sugar Storage Facility Loans for November is 2.375%, down from 2.500% in October.
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