WASHINGTON, January 3, 2020 – The U.S. Department of Agriculture’s Commodity Credit Corporation today announced interest rates for January 2020, which are effective January 1-January 31, 2020. The Commodity Credit Corporation borrowing rate-based charge for January is 1.500 percent, down from 1.625 percent in December.

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 January 2020

Contact: FPAC.BC.Press@usda.gov

WASHINGTON, January 3, 2020 – The U.S. Department of Agriculture’s Commodity Credit Corporation today announced interest rates for January 2020, which are effective January 1-January 31, 2020. The Commodity Credit Corporation borrowing rate-based charge for January is 1.500 percent, down from 1.625 percent in December. 

The interest rate for crop year commodity loans less than one year disbursed during January is 2.500 percent, down from 2.625 percent in December. Interest rates for Farm Storage Facility Loans approved for January are as follows: 1.625 percent with three-year loan terms, the same as 1.625 in December; 1.625 percent with five-year loan terms, the same as 1.625 percent in December; 1.750 percent with seven-year loan terms, the same as 1.750 percent in December;  1.875 percent with 10-year loan terms, the same as 1.875 percent in December; and 1.875 percent with 12-year loan terms, the same as 1.875 percent in December. The interest rate for 15-year Sugar Storage Facility Loans for January is 2.000, the same as 2.000 percent in December. 

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 Accepting Applications to Help Cover Costs of Organic, Transitioning Producers

    WASHINGTON, May 16, 2022 – Agricultural producers and handlers who are certified organic, along with producers and handlers who are transitioning to organic production, can now apply for the U.S. Department of Agriculture’s (USDA) Organic and Transitional Education and Certification Program (OTECP) and Organic Certification Cost Share Program (OCCSP), which help producers and handlers cover the cost of organic certification, along with other related expenses. Applications for OTECP and OCCSP are both due October 31, 2022. 

  • USDA to Provide Approximately $6 Billion to Commodity and Specialty Crop Producers Impacted by 2020 and 2021 Natural Disasters

    WASHINGTON, May 16, 2022 – The U. S Department of Agriculture (USDA) today announced that commodity and specialty crop producers impacted by natural disaster events in 2020 and 2021 will soon begin receiving emergency relief payments totaling approximately $6 billion through the Farm Service Agency’s (FSA) new Emergency Relief Program (ERP) to offset crop yield and value losses. 

  • USDA Announces Initiative, Invests $22.5 Million in Water Quality Improvements in Chesapeake Bay

    LANCASTER, Pa., May 6, 2022 – The U.S. Department of Agriculture (USDA) announced today it will invest an additional $22.5 million in conservation assistance in fiscal year 2022 to help farmers boost water quality improvements and conservation in the Chesapeake Bay watershed. The new Chesapeake Bay States’ Partnerships Initiative will support Bay-area farmers, building on a $1.1 billion investment made by USDA’s Natural Resources Conservation Service (NRCS) over the past decade. USDA is also announcing a new task force – jointly with the U.S. Environmental Protection Agency (EPA) – to better quantify the voluntary conservation efforts of farmers in the Bay watershed.

Farm Service Agency
U.S. DEPARTMENT OF AGRICULTURE