WASHINGTON, Feb. 3, 2014 — The U.S. Department of Agriculture's Commodity Credit Corporation (CCC) today announced interest rates for February 2014. The CCC borrowing rate-based charge for February is 0.125 percent, unchanged from 0.125 percent in January.

USDA Announces Commodity Credit Corporation Lending Rates for February 2014

Release 0020.14

Contact:Isabel Benemelis
(202) 720-7809

WASHINGTON, Feb. 3, 2014 — The U.S. Department of Agriculture's Commodity Credit Corporation (CCC) today announced interest rates for February 2014. The CCC borrowing rate-based charge for February is 0.125 percent, unchanged from 0.125 percent in January.     

The interest rate for commodity and marketing assistance loans disbursed during February is 1.125 percent, unchanged from 1.125 percent in January.       

Interest rates for Farm Storage Facility Loans approved for February are as follows, 2.375 percent with seven-year loan terms, up from 2.250 percent in January; 3.00 percent with 10-year loan terms, up from 2.875 percent in January and; 3.125 percent with 12-year loan terms, up from 3.000 percent in January. The interest rate for 15-year Sugar Storage Facility Loans for February is 3.375 percent, unchanged from 3.375 percent in January.       

The maximum discount rate applicable for February for the Tobacco Transition Payment Program is 5 percent, unchanged from January. This is based on the 3.250 percent prime rate plus 2 percent, rounded to the nearest whole number.         

Further program information is available from USDA Farm Service Agency's (FSA) Financial Management Division at 202-772-6041.     

USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users).   TEST

USDA is an equal opportunity provider, employer and lender.