County Loan Rates Announced

Loan levels are same as those last year.

Published on: Apr 22, 2010

The Commodity Credit Corporation has announced county loan rates for 2010 crops of wheat, corn, grain sorghum, barley, oats, soybeans and other oilseeds, including sunflower seed, flaxseed, canola, rapeseed, safflower, mustard seed, crambe and sesame seed.

As required by the 2008 Farm Bill, 2010 national loan rates reflect increases for wheat, barley, oats and each "other oilseed" relative to the corresponding 2009-crop levels. For corn, grain sorghum and soybeans, the 2010 national loan rates are established at the same levels as those authorized for the 2009 crop.

The rates are posted on the Farm Service Agency website at http://www.fsa.usda.gov/pricesupport.