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Source: USDA, 3/30/16
The U.S. Department of Agriculture’s (USDA) Commodity Credit Corporation (CCC) today announced the 2016 marketing assistance loan rates by region for pulses (dry peas, lentils, small chickpeas and large chickpeas), and by state for rough rice. Marketing assistance loans provide interim financing to producers so that commodities can be stored after harvest when market prices are typically low, to be sold later when price conditions are more favorable. Formore of this story, click here.
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