USDA announces January Commodity Credit Corporation lending rates

From U.S. Department of Agriculture

WASHINGTON — The U.S. Department of Agriculture’s Commodity Credit Corporation announced Monday the interest rates for January 2021, which are effective Jan. 4-31.

The rates are used for a variety of farm credit options available through USDA’s Farm Service Agency.

The CCC’s borrowing rate-based charge is 0.125 percent, same as December.

The interest rate for crop year commodity loans less than one year disbursed is 1.125 percent, same as December.

Interest rates for Farm Storage Facility Loans are the same as they were for December:

• 0.250 percent with thr...