Commodity Credit Corporation Releases Lending Rates for April

The USDA Commodity Credit Corporation, which helps stabilize, support and protect farm income and prices, released interest rates for April. The borrowing rate-based charge is 0.375, unchanged from March, while the 1996 and subsequent crop year commodity and marketing assistance loans dispersed during April is 1.375 percent, also unchanged from last month. Interest rates for Farm Storage Facility Loans and discount rates for the Tobacco Transition Payment Program also are available. Read more.