WASHINGTON, March 31, 2021 – The U.S. Department of Agriculture’s Commodity Credit Corporation (CCC) today announced the 2021 Marketing Assistance Loan rates.
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, March 31, 2021 – The U.S. Department of Agriculture’s Commodity Credit Corporation (CCC) today announced the 2021 Marketing Assistance Loan rates.
Marketing Assistance Loans provide interim financing to producers so that commodities can be stored after harvest when market prices are typically low and sold later when market conditions may be more favorable. The 2018 Farm Bill extended the Marketing Assistance Loan program, making production for the 2019 through 2023 crops eligible for loan benefits.
The 2021 Marketing Assistance Loan rates are available on the Farm Service Agency (FSA) website and below:
2021 Wheat, Feed Grains and Oilseeds National Loan Rates | |
---|---|
Wheat | $3.38 per bushel |
Corn | $2.20 per bushel |
Grain Sorghum | $2.20 per bushel |
Barley | $2.50 per bushel |
Oats | $2.00 per bushel |
Soybeans | $6.20 per bushel |
Other Oilseeds | $10.09 per hundredweight (cwt.) for each "other oilseed" |
|
2021 Rough Rice Loan Rates by State and Class | ||
---|---|---|
State | Long Grain Rice | Medium Grain Rice |
----------------------- $/cwt. --------------------- | ||
Arkansas | $6.99 | $7.11 |
California | $6.94 | $7.39 |
Louisiana | $6.88 | $7.00 |
Mississippi | $7.07 | $7.00 |
Missouri | $7.03 | $7.00 |
Texas | $7.26 | $7.00 |
U.S. Average | $7.00 | $7.00 |
|
2021 Pulse Crop Loan Rates by Region | |||
---|---|---|---|
Crop | East Region | West Region | National |
----------------------- $/cwt. --------------------- | |||
Dry Peas | $6.09 | $6.66 | $6.15 |
Lentils | $12.47 | $15.89 | $13.00 |
Large Chickpeas | $14.00 | $14.00 | $14.00 |
Small Chickpeas | $10.00 | $10.00 | $10.00 |
|
Pandemic Assistance for Producers
As part of a broader effort to help farmers, ranchers and producers who felt the impact of COVID-19 market disruptions, FSA has increased flexibilities for producers with Marketing Assistance Loans. Loans now mature at 12 months rather than nine for loans on most commodities. This applies to all loans disbursed beginning October 1, 2020, as well as any new loans requested by September 30, 2021. These flexibilities are part of USDA’s broader Pandemic Assistance for Producers initiative, which includes direct payments. More information can be found on farmers.gov/pandemic-assistance.
More Information
The CCC’s domestic agricultural price and income support programs are carried out primarily through the personnel and facilities of FSA.
For more information about the CCC, visit usda.gov/ccc. Producers interested in Marketing Assistance Loans should contact the FSA county office at their local USDA Service Center.
While USDA offices are currently closed to visitors because of the pandemic, Service Center staff continue to work with agricultural producers via phone, email, and other digital tools. To conduct business, please contact your local USDA Service Center. Additionally, more information related to USDA’s response and relief for producers can be found at farmers.gov/coronavirus.
USDA is an equal opportunity provider, employer and lender.
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.
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.
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.