USDA Sets December Interest Rates
WASHINGTON - Dec 2/15 - SNS -- The USDA's Commodity Credit Corporation (CCC) set interest rates for December 2015. The CCC borrowing rate-based charge for December is 0.375%, up from 0.250% in November.
The interest rate for crop year commodity loans less than one year disbursed during December is 1.375%, up from 1.250% in November.
Interest rates for Farm Storage Facility Loans approved for December are as follows, 2.000% with seven-year loan terms, up from 1.750% in November; 2.250% with 10-year loan terms, up from 2.125% in November and; 2.375% with 12-year loan terms, up from 2.250% in November. The interest rate for 15-year Sugar Storage Facility Loans for December is 2.500%, up from 2.375% in November.
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.
