WASHINGTON, July 1, 2019 – USDA’s Commodity Credit Corporation today announced interest rates for July 2019, which are effective July 1-July 31, 2019. The Commodity Credit Corporation borrowing rate-based charge for July is 2.125 percent, down from 2.375 percent in June.

U.S. flag

An official website of the United States government

Dot gov

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Https

Secure .gov websites use HTTPS
A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Farm Service Agency
U.S. DEPARTMENT OF AGRICULTURE

USDA Announces Commodity Credit Corporation Lending Rates for July 2019

Contact: FPAC.BC.Press@usda.gov

WASHINGTON, July 1, 2019 – USDA’s Commodity Credit Corporation today announced interest rates for July 2019, which are effective July 1-July 31, 2019. The Commodity Credit Corporation borrowing rate-based charge for July is 2.125 percent, down from 2.375 percent in June. 

The interest rate for crop year commodity loans less than one year disbursed during July is 3.125 percent, down from 3.375 percent in June.  Interest rates for Farm Storage Facility Loans approved for July are as follows: 1.875 percent with three-year loan terms, down from 2.250 percent in June;  1.875 percent with five-year loan terms, down from 2.250 percent in June; 2.000 percent with seven-year loan terms, down from 2.375 percent in June; 2.125 percent with 10-year loan terms, down from 2,500 percent in June; and 2.250 percent with 12-year loan terms, down from 2.500 percent in June. The interest rate for 15-year Sugar Storage Facility Loans for June is 2.250, down from 2.625 in June. 

The loan programs administered by the Farm Service Agency help 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.

Return to the list of News Releases

  • USDA Encourages Rice Farmers to Prepare for new Rice Production Program

    WASHINGTON, Feb. 28, 2023 — The U.S. Department of Agriculture (USDA) today previewed plans to provide up to $250 million in assistance to rice farmers and what steps they can take to be prepared to sign up when the program is released later this spring. USDA is sharing information early so producers can prepare for program signup, which will include a pre-filled application in an effort to simplify and streamline the application process.  

  • USDA Announces Conservation Reserve Program Signup for 2023

    WASHINGTON, Feb. 16, 2023 – Agriculture Secretary Tom Vilsack announced that agricultural producers and private landowners can begin applying for the Conservation Reserve Program (CRP) General signup starting February 27 through April 7, 2023. CRP is a cornerstone voluntary conservation program offered by the U.S. Department of Agriculture (USDA) and a key tool in the Biden-Harris administration’s effort to address climate change and help agricultural communities invest in the long-term well-being of their land and natural resources.  

  • USDA Develops Simplified Direct Loan Application to Improve Customer Service

    WASHINGTON, Feb. 7, 2023 – The U.S. Department of Agriculture (USDA) has developed a simplified direct loan application to provide improved customer experience for producers applying for loans from the Farm Service Agency (FSA). The simplified direct loan application enables producers to complete a more streamlined application, reduced from 29 to 13 pages.

Farm Service Agency
U.S. DEPARTMENT OF AGRICULTURE