USDA lending rates unchanged from December

The U.S. Department of Agriculture’s Commodity Credit Corp. has announced interest rates for January.

The borrowing rate-based charge is 0.125 percent, unchanged from December.

The rate for crop year commodity loans less than one year disbursed is 1.125 percent, unchanged from December.

Rates for farm storage facility loans are: 2 percent for seven-year loan terms, unchanged from December; 2.250 percent for 10-year loan terms, down from 2.375 percent in December; 2.375 percent for 12-year terms, down from 2.5 percent in December.

The rate for 15-year sugar storage facility loans for January is 2.5 percent, down from 2.625 percent in December.

Further information is available by calling 202-772-6041.

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