WASHINGTON, February 1, 2019 – The U.S. Department of Agriculture’s (USDA) Commodity Credit Corporation, today, announced interest rates for February 2019, which are effective February 1 – February 28, 2019. The Commodity Credit Corporation borrowing rate-based charge for February is 2.625 percent, the same as 2.625 percent in January.
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WASHINGTON, February 1, 2019 – The U.S. Department of Agriculture’s (USDA) Commodity Credit Corporation, today, announced interest rates for February 2019, which are effective February 1 – February 28, 2019. The Commodity Credit Corporation borrowing rate-based charge for February is 2.625 percent, the same as 2.625 percent in January.
The interest rate for crop year commodity loans less than one year disbursed during February is 3.625 percent, the same as 3.625 percent in January.
Interest rates for Farm Storage Facility Loans approved for February are as follows: 2.500 percent with three-year loan terms, down from 2.750 in January; 2.500 percent with five-year loan terms, down from 2.750 percent in January; 2.625 percent with seven-year loan terms, down from 2.875 percent in January; 2.750 percent with 10-year loan terms, down from 2.875 percent in January and; 2.750 percent with 12-year loan terms, down from 3.000 percent in January. The interest rate for 15-year Sugar Storage Facility Loans for December is 2.875, down from 3.000 percent in January.
The loan rates set forth by the Commodity Credit Corporation help to stabilize the incomes of America's farmers and ranchers, and ensure their continued operations.
Visit https://www.farmers.gov for more information on loan eligibility, the application process or to find your local service center.
USDA is an equal opportunity provider, employer and lender.
WASHINGTON, February 1, 2019 – The U.S. Department of Agriculture’s (USDA) Commodity Credit Corporation, today, announced interest rates for February 2019, which are effective February 1 – February 28, 2019. The Commodity Credit Corporation borrowing rate-based charge for February is 2.625 percent, the same as 2.625 percent in January.
WASHINGTON, Feb. 12, 2019 – Agricultural producers have until Feb. 14, 2019, to sign up for USDA’s Market Facilitation Program (MFP), launched last year to help producers suffering from damages due to unjustified trade retaliation. Producers can apply without proof of yield but must certify 2018 production by May 1, 2019. Since its launch in September 2018, more than 864,000 producers have applied, supporting those hit hard with nearly $8 billion in estimated payments.
WASHINGTON, Feb. 12, 2019 – U.S. Department of Agriculture (USDA) Under Secretary for Farm Production and Conservation Bill Northey announced that USDA is hosting a listening session for initial input on the 2018 Farm Bill. USDA is seeking public input on the changes to existing programs implemented by the Farm Service Agency, Natural Resources Conservation Service and the Risk Management Agency. Each agency will take into account stakeholder input when making discretionary decisions on program implementation.