STAT Communications Ag Market News

USDA Sets November Interest Rates

WASHINGTON - Nov 1/21 - SNS -- The USDA set loan interest rates for November.

Operating, Ownership and Emergency Loans

- Farm Operating Loans (Direct): 1.750%

- Farm Ownership Loans (Direct): 2.875%

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

- Farm Ownership Loans (Down Payment): 1.500%

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

Commodity and Storage Facility Loans

- Commodity Loans (less than one year disbursed): 1.125%

Farm Storage Facility Loans

- Three-year loan terms: 0.625%

- Five-year loan terms: 1.000%

- Seven-year loan terms: 1.375%

- Ten-year loan terms: 1.500%

- Twelve-year loan terms: 1.625%

- Sugar Storage Facility Loans (15 years): 1.750%

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