News

CCC announces county loan rates for wheat, feedgrains and oilseeds

Commodity Credit Corporation has announced the county loan rates for 2009.

Wheat $2.75 per bushel
Corn $1.95 per bushel
GrainSorghum $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 “other oilseeds”*
Peanut loan rates by type will be announced separately.

As required by the 2008 Farm Bill, these 2009 national loan rates are established at the same levels as those established for the 2008 crop. The rates are posted on the Farm Service Agency website linked below.

*other oilseeds are sunflower seed, flaxseed,canola, rapeseed, safflower, mustard seed, crambe and sesame seed.