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Tell me about CCC loans on grains?
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GrainTrader
Posted 6/30/2018 14:22 (#6842746 - in reply to #6842739)
Subject: RE: Tell me about CCC loans on grains?



20 Miles West of Indianapolis Indiana
My experiences...

Charge interest from day 1, but very low compared to commercial lenders

9 - 10 months I think is the term?

You go to FSA office and sign up. Tell em your bushels and report locations of bins/grain. You have to cell them and report when removing grain and tell them where you are taking it for them to get their return payment. I don’t know if this changes throughout the country, but here I think I got $2.00 for corn and $5.00 for beans (+/-) a nickel.

Payment is returned to FSA office when you deliver the grain.
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