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USDA Announces Commodity Credit Corporation Lending Rates for August 2014

August 1, 2014



WASHINGTON, Aug. 1 -- The U.S. Department of Agriculture'sFarm Service Agency issued the following news release:

The U.S. Department of Agriculture'sCommodity Credit Corporation (CCC) today announced interest rates for August 2014. The CCC borrowing rate-based charge for August is 0.125 percent, unchanged from 0.125 percent in July.

The interest rate for crop year commodity loans less than one year disbursed during August is 1.125 percent, unchanged from 1.125 percent in July.

Interest rates for Farm Storage Facility Loans approved for August are as follows, 2.125 percent with seven-year loan terms, unchanged from 2.125 percent in July; 2.625 percent with 10-year loan terms, unchanged from 2.625 percent in July and; 2.750 percent with 12-year loan terms, unchanged from 2.750 percent in July. The interest rate for 15-year Sugar Storage Facility Loans for August is 2.875 percent, unchanged from 2.875 percent in July.

Further program information is available from USDA Farm Service Agency's (FSA) Financial Management Division at 202-772-6041.

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Source: Targeted News Service


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