Commodity Credit Corporation Releases Lending Rates for July

Posted on July 3, 2012 by tanya brown

The USDA Commodity Credit Corporation, which helps stabilize, support and protect farm income and prices, released interest rates for June 2012. The borrowing rate-based charge is 0.250, up from 0.125 in June, while the 1996 and subsequent crop year commodity and marketing assistance loans dispersed during July is 1.250, up from 1.125 last month. Interest rates for Farm Storage Facility Loans and discount rates for the Tobacco Transition Payment Program also are available. Read more.

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