USDA Sest April Interest Rates
WASHINGTON Apr 2/18 - SNS -- The USDA's Commodity Credit Corporation set interest rates for April 2018. The Commodity Credit Corporation borrowing rate-based charge for April is 2.000%, up from 1.875% in March.
The interest rate for crop year commodity loans less than one year disbursed during April is 3.000%, up from 2.875% in March.
Interest rates for Farm Storage Facility Loans approved for April are as follows, 2.375% with three-year loan terms, up from 2.250% in March; 2.625% with five-year loan terms, up from 2.500% in March; 2.750% with seven-year loan terms, unchanged from 2.750% in March; 2.875% with 10-year loan terms, up from 2.750% in March and; 2.875% with 12-year loan terms, up from 2.750% in March. The interest rate for 15-year Sugar Storage Facility Loans for April is 3.000%, up from 2.875% in March.