STAT Communications Ag Market News

USDA Sets March Interest Rates

WASHINGTON - Mar 2/21 - SNS -- The USDA set loan interest rates for March 2021 as follows:

- Farm Operating Loans (Direct): 1.375%

- Farm Operating Loans (Microloan “Special Interest Rate”): 5.000%

- Farm Ownership Loans (Direct): 2.750%

- Farm Ownership Loans (Direct, Joint Financing): 2.500%

- Farm Ownership Loans (Down Payment): 1.500%

- Emergency Loan (Amount of Actual Loss): 2.375%

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