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September CCC interest rates
Storage facility rates are lower than August levels.
Compiled by staff
Published: Sep 1, 2010
The U.S. Department of Agriculture's Commodity Credit Corporation (CCC) today announced interest rates for September 2010. The CCC borrowing rate-based charge for September 2010 is 0.250 percent, unchanged from 0.250 in August 2010. For 1996 and subsequent crop year commodity and marketing assistance loans, the interest rate for loans disbursed during September 2010 is 1.250 percent, unchanged from 1.250 in August 2010.
In accordance with the 2008 Farm Bill, interest rates for Farm Storage Facility Loans approved for September 2010 are as follows, 2.250 percent with seven-year loan terms, down from 2.500 in August 2010, 2.875 percent with 10-year loan terms, down from 3.000 in August 2010, and 3.125 percent with 12-year loan terms, down from 3.375 percent in August 2010.
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