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USDA sets April loan rates as farmers weigh borrowing costs
The U.S. Department of Agriculture has announced updated loan interest rates for April, offering a key benchmark for producers making financing decisions ahead of the planting season. Operating loans are set at 4.75%, while farm ownership loans will carry a 5.75% interest rate. The rates reflect broader trends in credit markets as borrowing costs remain elevated compared with recent years. Farmers often rely on USDA-backed loans to cover expenses such as seed, equipment and land purchases....












