WASHINGTON, April 3, 2020 – The U.S. Department of Agriculture’s Commodity Credit Corporation today announced interest rates for April 2020, which are effective April 1-April 30, 2020. The Commodity Credit Corporation borrowing rate-based charge for April is 0.625 percent, down from 1.500 percent in March.
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WASHINGTON, April 3, 2020 – The U.S. Department of Agriculture’s Commodity Credit Corporation today announced interest rates for April 2020, which are effective April 1-April 30, 2020. The Commodity Credit Corporation borrowing rate-based charge for April is 0.625 percent, down from 1.500 percent in March.
The interest rate for crop year commodity loans less than one year disbursed during April is 1.625 percent, down from 2.500 in March. Interest rates for Farm Storage Facility Loans approved for April are as follows:
The interest rate for 15-year Sugar Storage Facility Loans for April is 1.250 percent, down from 1.750 percent in March.
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.
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