USDA Announces Commodity Credit Corporation Lending Rates for May 2019

WASHINGTON, May 1, 2019 – The U.S. Department of Agriculture’s Commodity Credit Corporation today announced interest rates for April 2019, which are effective May 1-May 31, 2019. The Commodity Credit Corporation borrowing rate-based charge for May is 2.375 percent, down from 2.500 percent in April.

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 May 2019

Contact: FPAC.BC.Press@usda.gov

WASHINGTON, May 1, 2019 – The U.S. Department of Agriculture’s Commodity Credit Corporation today announced interest rates for April 2019, which are effective May 1-May 31, 2019. The Commodity Credit Corporation borrowing rate-based charge for May is 2.375 percent, down from 2.500 percent in April.

The interest rate for crop year commodity loans less than one year disbursed during May is 3.375 percent, down from 3.500 percent in April. Interest rates for Farm Storage Facility Loans approved for May are as follows: 2.250 percent with three-year loan terms, down from 2.500 in April; 2.250 percent with five-year loan terms, down from 2.500 percent in April; 2.375 percent with seven-year loan terms, down from 2.500 percent in April; 2.500 percent with 10-year loan terms, down from 2.625 percent in April; and 2.500 percent with 12-year loan terms, down from 2.750 percent in April. The interest rate for 15-year Sugar Storage Facility Loans for May is 2.625, down from 2.750 percent in April.

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 Issuing Approximately $270 Million in Pandemic Assistance to Poultry, Livestock Contract Producers

    WASHINGTON, Nov. 18, 2021— The U.S. Department of Agriculture (USDA) has begun issuing approximately $270 million in payments to contract producers of eligible livestock and poultry who applied for Pandemic Assistance. Earlier this year, USDA’s Farm Service Agency (FSA) identified gaps in assistance including in the initial proposal to assist contract growers. In August, USDA released the improved program for contract producers to fill these gaps, providing support as part of USDA’s broader Pandemic Assistance for Producers initiative.  

  • USDA Builds Pandemic Support for Certified Organic and Transitioning Operations

    WASHINGTON, Nov. 4, 2021— The U.S. Department of Agriculture (USDA) will provide pandemic assistance to cover certification and education expenses to agricultural producers who are certified organic or transitioning to organic. USDA will make $20 million available through the new Organic and Transitional Education and Certification Program (OTECP) as part of USDA’s broader Pandemic Assistance for Producers initiative, which provides new, broader and more equitable opportunities for farmers, ranchers and producers.    

  • 2021 Farm Service Agency County Committee Elections Underway

    WASHINGTON, Nov. 3, 2021— The U.S. Department of Agriculture (USDA) will begin mailing ballots this week for the Farm Service Agency (FSA) county and urban county committee elections to all eligible agricultural producers and private landowners across the country. Elections are occurring in certain Local Administrative Areas (LAA) for these committee members who make important decisions about how federal farm programs are administered locally. To be counted, producers and landowners must return ballots to their local FSA county office or be postmarked by Dec. 6, 2021.  

Farm Service Agency
U.S. DEPARTMENT OF AGRICULTURE