CCC Announces Crop Loan Rates

County and national loan rates released.

The Commodity Credit Corporation has announced county loan rates for 2009 crops of wheat, corn, grain sorghum, barley, oats, soybeans and other oilseeds such as sunflower seed, flaxseed, canola, rapeseed, safflower, mustard seed, crambe and sesame seed. Those numbers are available on the Farm Service Agency Web site,

The national loan rates for the 2009 crops of wheat, feed grains and oilseeds are as follows:

Wheat $2.75 per bushel
Corn $1.95 per bushel
Grain Sorghum $1.95 per bushel
Barley $1.85 per bushel
Oats $1.33 per bushel
Soybeans $5.00 per bushel
Other Oilseeds $9.30 per hundredweight for each "other oilseed."

TAGS: Soybean
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