Marketing Assistance Loans of less than one year disbursed in January will carry an interest rate of 2.5%, according to the Commodity Credit Corporation (CCC).
The rate for January is down from 2.625% in December.
While not a significant decline, this still gives those opting to use the marketing assistance loan program a slightly lower cost to the nine-month loans. And, loan activity at times can pick up in January as producers seek cash flow