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Ag News
CCC Rates Announced for July
Published Wednesday, July 02, 2008 at 04:50 AM
At 3.625 - the interest rate for farm storage facility loans approved for July has also increased. The June rate was 3.375-percent. The interest rate for sugar storage facility loans for July is up from 4.5-percent to 4.625.
The maximum discount rate applicable for July for the Tobacco Transition Payment Program is seven-percent, unchanged from May and June. This is based on the five-percent prime rate plus two-percent - rounded to the nearest whole number.
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