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Source: USDA, 2/6/13
The Commodity Credit Corporation (CCC) today announced county loan rates for the 2013 crops of wheat, corn, grain sorghum, barley, oats, soybeans and other oilseeds (sunflower seed, flaxseed, canola, rapeseed, safflower, mustard seed, crambe and sesame seed); national milled loan rates and state loan rates by class for the 2013 rice crop; regional loan rates for 2013 pulse crops (small chickpeas, large chickpeas, dry peas and lentils); and the national loan rate for the 2013 honey crop. The rates are posted on the Farm Service Agency (FSA) website at www.fsa.usda.gov/pricesupport.
The American Taxpayer Relief Act of 2012 provides for a continuation of the marketing assistance loan and loan deficiency payment programs for the 2013 crop year. The national loan rates for the 2013 crops of wheat, feed grains, oilseeds, milled rice, pulse crops, and honey are established at the following levels:
Wheat
$2.94 per bushel
Corn
$1.95 per bushel
Grain Sorghum
$1.95 per bushel
Barley
$1.95 per bushel
Oats
$1.39 per bushel
Soybeans
$5.00 per bushel
Other Oilseeds
$10.09 per hundredweight for each "other oilseed"
Small Chickpeas
$7.43 per hundredweight
Large Chickpeas
$11.28 per hundredweight
Dry Peas
$5.40 per hundredweight
Lentils
$11.28 per hundredweight
Long grain rice, whole kernel
$6.50 per hundredweight
Medium/short grain rice, whole kernel
$6.50 per hundredweight
Honey
$0.69 per pound
For more information about USDA FSA programs and commodity loan rates, visit an FSA county office or the FSA website at www.fsa.usda.gov/.
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