Monday, June 2, 2014

Fwd: USDA Announces Commodity Credit Corporation Lending Rates for June 2014



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From: USDA Farm Service Agency <usdafsa@service.govdelivery.com>
Date: Mon, Jun 2, 2014 at 6:26 AM
Subject: USDA Announces Commodity Credit Corporation Lending Rates for June 2014
To: iammejtm@gmail.com


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05/30/2014 09:17 AM EDT

Release 0099.14




USDA Announces Commodity Credit Corporation Lending Rates for June 2014


WASHINGTON, June 2, 2014 — The U.S. Department of Agriculture's Commodity Credit Corporation (CCC) today announced interest rates for June 2014. The CCC borrowing rate-based charge for June is 0.125 percent, unchanged from 0.125 percent in May.

The interest rate for crop year commodity loans less than one year disbursed during June is 1.125 percent, unchanged from 1.125 percent in May.

Interest rates for Farm Storage Facility Loans approved for June are as follows, 2.250 percent with seven-year loan terms, unchanged from 2.125 percent in May; 2.625 percent with 10-year loan terms, down from 2.750 percent in May and; 2.750 percent with 12-year loan terms, down from 2.875 percent in May. The interest rate for 15-year Sugar Storage Facility Loans for May is 3.000 percent, down from 3.125 percent in May.

Further program information is available from USDA Farm Service Agency's (FSA) Financial Management Division at 202-772-6041.

USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay),
(866) 377-8642 (Relay voice users).




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