WASHINGTON, September 3, 2019 – The U.S. Department of Agriculture’s Commodity Credit Corporation today announced interest rates for September 2019, which are effective September 1-September 30, 2019. The Commodity Credit Corporation borrowing rate-based charge for September is 1.875 percent, down from 2.000 percent in August.
An official website of the United States government
Here’s how you know
Official websites use .gov
A .gov website belongs to an official government organization in the United States.
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.
Contact: FPAC.BC.Press@usda.gov
WASHINGTON, September 3, 2019 – The U.S. Department of Agriculture’s Commodity Credit Corporation today announced interest rates for September 2019, which are effective September 1-September 30, 2019. The Commodity Credit Corporation borrowing rate-based charge for September is 1.875 percent, down from 2.000 percent in August.
The interest rate for crop year commodity loans less than one year disbursed during September is 2.875 percent, down from 3.000 percent in August. Interest rates for Farm Storage Facility Loans approved for September are as follows: 1.625 percent with three-year loan terms, down from 1.750 percent in August; 1.625 percent with five-year loan terms, down from 1.750 percent in August; 1.750 percent with seven-year loan terms, down from 1.875 percent in August; 1.875 percent with 10-year loan terms, down from 2.000 percent in August; and 1.875 percent with 12-year loan terms, down from 2.125 percent in August. The interest rate for 15-year Sugar Storage Facility Loans for September is 2.000, down from 2.250 in August.
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.
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.
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.
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.