USDA announces Commodity Credit Corporation lending rates for December 2016
Story Date: 12/2/2016

 

Source: USDA, 12/1/16

The U.S. Department of Agriculture's Commodity Credit Corporation (CCC) today announced interest rates for December 2016. The CCC borrowing rate-based charge for December is 0.750 percent, up from 0.625 percent in November.
The interest rate for crop year commodity loans less than one year disbursed during December is 1.750 percent, up from 1.625 percent in November.


Interest rates for Farm Storage Facility Loans approved for December are as follows, 1.125 percent with three-year loan terms, up from 1.000 percent in November; 1.375 percent with five-year loan terms, up from 1.250 percent in November; 1.750 percent with seven-year loan terms, up from 1.500 percent in November; 2.000 percent with 10-year loan terms, up from 1.750 percent in November and; 2.000 percent with 12-year loan terms, up from 1.750 percent in November The interest rate for 15-year Sugar Storage Facility Loans for December is 2.125 percent, up from 1.875 percent in November.

























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