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2012 Crop Year Commodity Loans Available

November 28, 2012 By Ron Sylvester Leave a Comment

USDA FSA has this reminder for producers:

Now that the 2012 harvest is nearly complete, the Farm Service Agency reminds producers of their options to obtain a Marketing Assistance Loan for 2012 crop corn and soybeans. For the 2012 crop year, the corn and soybean loan rates are $1.91 and $5.09 per bushel. The Market Assistance Loan program provides producers with cash flow at a reasonable interest rate while the crop is in storage on the farm or at a local elevator. The November 2012 interest rate is 1.125%.

You can read the entire release here, or for information contact your local FSA office or visit the FSA website.

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Filed Under: Blog Tagged With: Commodity Loans, FSA, USDA

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