Source: USDA, 6/1/18

The U.S. Department of Agriculture’s (USDA) Commodity Credit Corporation today announced interest rates for June 2018. The Commodity Credit Corporation borrowing rate-based charge for June is 2.250 percent, up from 2.125 percent in May.

The interest rate for crop year commodity loans less than one year disbursed during June is 3.250 percent, up from 3.125 percent in May.

Interest rates for Farm Storage Facility Loans approved for June are as follows, 2.625 percent with three-year loan terms, up from 2.500 percent in May; 2.875 percent with five-year loan terms, up from 2.625 percent in May; 3.000 percent with seven-year loan terms, up from 2.750 percent in May; 3.000 percent with 10-year loan terms, up from 2.875 percent in May and; 3.000 percent with 12-year loan terms, up from 2.875 percent in May. The interest rate for 15-year Sugar Storage Facility Loans for June is 3.000 up from 2.875 percent in May.

The loan rates set forth by the Commodity Credit Corporation help to stabilize the incomes of America's farmers and ranchers and ensure their continued operations.

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