Morning Ag Clips logo
  • Subscribe ❯
  • PORTAL ❯
  • LOGIN ❯
  • By Keyword
  • By topic
  • By state
  • Home
  • Events
  • Jobs
  • Store
  • Advertise
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Subscribe to our
    daily email
    ❯
  • Portal Registration❯
  • Login❯
  • policy
  • tractors & machinery
  • education
  • conservation
  • webinars
  • business
  • dairy
  • cattle
  • poultry
  • swine
  • corn
  • soybeans
  • organic
  • specialty crops
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Morning Ag Clips

  • By Keyword
  • By topic
  • By state
  • policy
  • tractors & machinery
  • education
  • conservation
  • webinars
  • business
  • dairy
  • cattle
  • poultry
  • swine
  • corn
  • soybeans
  • organic
  • specialty crops
  • Home
  • Events
  • Jobs
  • Store
  • Advertise
Home » USDA announces 2019 loan rates for crops
RISK MANAGEMENT ... Comments

USDA announces 2019 loan rates for crops

The 2018 Farm Bill extended the marketing assistance loan program

PUBLISHED ON April 10, 2019

Marketing assistance loans provide interim financing to producers so that commodities can be stored after harvest when market prices are typically low, to be sold later when price conditions are more favorable. (USDA NRCS Montana, Flickr/Creative Commons)

WASHINGTON — USDA’s Commodity Credit Corporation today announced the 2019 marketing assistance loan rates by:

  • County for wheat, corn, grain sorghum, barley, oats, soybeans and each “other oilseed” (canola, crambe, flaxseed, mustard seed, rapeseed, safflower, sesame seed and sunflower seed);
  • Region for pulses (dry peas, lentils, large chickpeas and small chickpeas); and
  • State for rough rice.

Marketing assistance loans provide interim financing to producers so that commodities can be stored after harvest when market prices are typically low, to be sold later when price conditions are more favorable.

The rates are posted on the Farm Service Agency (FSA) website at www.fsa.usda.gov/programs-and-services/price-support/commodity-loan-rates/index.

The 2018 Farm Bill extended the marketing assistance loan program, making production for the 2019 through 2023 crops eligible for loan benefits. Relative to 2018-crop levels, the 2018 Farm Bill also increased the national loan rates for most of these commodities for each of the 2019-2023 crops.

2019 Wheat, Feed Grains and Oilseeds National Loan Rates
Wheat $3.38 per bushel
Corn $2.20 per bushel
Grain Sorghum $2.20 per bushel
Barley $2.50 per bushel
Oats $2.00 per bushel
Soybeans $6.20 per bushel
Other Oilseeds $10.09 per hundredweight (cwt.) for each “other oilseed”

Marketing assistance loans for the 2019 the barley, canola, crambe, flaxseed, oats, rapeseed, sesame seed, and wheat crops are available through March 31, 2020, and for the 2019 corn, grain sorghum, mustard seed, safflower, soybean and sunflower seed crops through May 31, 2020.

2019 Rough Rice Loan Rates by State and Class
State Long Grain Rice Medium Grain Rice
———————– $/cwt. ———————
Arkansas 6.95 6.79
California 6.86 7.07
Louisiana 6.98 7.05
Mississippi 7.10 7.00
Missouri 7.02 7.00
Texas 7.25 7.00
U.S. Average 7.00 7.00
U.S. loan rate applies to all other states.
Medium grain includes short grain.

For warehouse-stored loans, national loan rates for whole and broken kernels are used to establish loan proceeds based on the milling out-turns reported on the warehouse receipt. Marketing assistance loans for the 2019 rice crop are available through May 31, 2020. The loan rate for long grain whole kernels is $11.09 per cwt.; for medium grain (including short grain), $10.50 per cwt.; and for broken kernels (all classes), $6.11 per cwt.

2019 Regional Pulse Crop Loan Rates
Crop East Region

Loan Rate

West Region

Loan Rate

National

Loan Rate

———————– $/cwt. ———————
Dry Peas 6.10 6.48 6.15
Lentils 12.70 15.00 13.00
Large Chickpeas 14.00 14.00 14.00
Small Chickpeas 10.00 10.00 10.00

The West region includes Alaska, Arizona, California, Hawaii, Idaho, Nevada, New Mexico, Oregon, Utah and Washington. The East region includes Montana, North Dakota and other states not included in the West region. The rates for large and small chickpeas apply to all states and counties. Marketing assistance loans for the 2019 pulse crops are available through May 31, 2020.

For more information, visit www.farmers.gov/farmbill. To learn more about FSA, visit www.fsa.usda.gov.

–USDA FSA

For more articles concerning risk management, click here.

Click Here to find out more about your favorite topics

corn finance soybeans wheat risk management and insurance

Spread the word

Browse More Clips

Settlement talks fail in soybean seed lawsuit

Proposed hemp bill would resolve 'glitches'

Primary Sidebar

MORE

NATIONAL CLIPS

MAIZALL mission to Mexico focuses on trade and food security issues
August 18, 2022
CRISPR-based technology targets global crop pest
August 18, 2022
Growing rural communities' outdoor recreation economy
August 18, 2022
USDA reports demand for honey reaches all-time high
August 18, 2022
Researchers turn their gaze to impacts of winter grazing
August 18, 2022
  • Trending
  • Latest

YOU MIGHT ALSO LIKE...

MAIZALL mission to Mexico focuses on trade and food security issues
August 18, 2022
winter wheat
Colorado top dryland winter wheat variety picks
August 18, 2022
Free field day focuses on forages
August 18, 2022
Utilizing wheat in feedlot diets
August 18, 2022
drought
Drought meetings to be offered in Iowa
August 18, 2022

Footer

MORNING AG CLIPS

  • Sponsors
  • About Us
  • Advertise with Us
  • Privacy Statement
  • Terms of Service
  • Customer & Technical Support

CONNECT WITH US

  • Like Us on Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube

TRACK YOUR TRADE

  • Markets & Economy
  • Cattle Updates
  • Dairy News
  • Policy & Politics
  • Corn Alerts

QUICK LINKS

  • Account
  • Portal Membership
  • Invite Your Friends
  • Subscribe to RSS
  • WeatherTrends
  • Just Me, Kate

© 2022 Morning Ag Clips, LLC. All Rights Reserved.