STAT Communications Ag Market News

USDA Sets May Interest Rates

WASHINGTON - May 3/21 - SNS -- The USADA set interest rates for May 2021.

Interest rates for Operating and Ownership loans for May 2021 are as follows:

- Farm Operating Loans (Direct): 1.750%

- Farm Ownership Loans (Direct): 3.250%

- Farm Ownership Loans (Direct, Joint Financing): 2.500%

- Farm Ownership Loans (Down Payment): 1.500%

- Emergency Loan (Amount of Actual Loss): 2.750%

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