WASHINGTON, October 1, 2019 – The U.S. Department of Agriculture’s Commodity Credit Corporation today announced interest rates for October 2019, which are effective October 1-October 31, 2019. The Commodity Credit Corporation borrowing rate-based charge for October is 1.750 percent, down from 1.875 percent in September.

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 October 2019

Contact: FPAC.BC.Press@usda.gov

WASHINGTON, October 1, 2019 – The U.S. Department of Agriculture’s Commodity Credit Corporation today announced interest rates for October 2019, which are effective October 1-October 31, 2019. The Commodity Credit Corporation borrowing rate-based charge for October is 1.750 percent, down from 1.875 percent in September.

 The interest rate for crop year commodity loans less than one year disbursed during October is 2.750 percent, down from 2.875 percent in September.  Interest rates for Farm Storage Facility Loans approved for October are as follows: 1.500 percent with three-year loan terms, down from 1.625 percent in September;  1.500 percent with five-year loan terms, down from 1.625 percent in September; 1.625 percent with seven-year loan terms, down from 1.750 percent in September; 1.625 percent with 10-year loan terms, down from 1.875 percent in September; and 1.750 percent with 12-year loan terms, down from 1.875 percent in September. The interest rate for 15-year Sugar Storage Facility Loans for October is 1.750, down from 2.000 in September.

 The loan programs administered by the Farm Service Agency help stabilize the incomes of America’s farmers and ranchers.

 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 Announces September 2023 Lending Rates for Agricultural Producers

    WASHINGTON, Sept. 1, 2023 – The U.S. Department of Agriculture (USDA) announced loan interest rates for September 2023, which are effective Sept. 1, 2023. USDA’s Farm Service Agency (FSA) loans provide important access to capital to help agricultural producers start or expand their farming operation, purchase equipment and storage structures or meet cash flow needs.

  • USDA Announces No Actions Under Feedstock Flexibility Program

    WASHINGTON, Aug. 21, 2023 – The U.S. Department of Agriculture (USDA) Commodity Credit Corporation (CCC) announced today that it does not expect to purchase and sell sugar under the Feedstock Flexibility Program for crop year 2022, which runs from Oct. 1, 2022, to Sept. 30, 2023.

  • USDA Offers Disaster Program Flexibilities for Flood-Impacted Producers in the Northeast

    Richmond, Vt., Aug. 14, 2023 – The U.S. Department of Agriculture’s (USDA) Farm Service Agency (FSA) and Risk Management Agency (RMA) have authorized policy flexibilities for key disaster assistance programs and crop insurance to aid Northeast agricultural operations that have been significantly impacted by recent flooding in 2023.
Farm Service Agency
U.S. DEPARTMENT OF AGRICULTURE