USDA sets October interest rates for farm loans
Direct operating loans carry a 5.375% rate, while direct ownership rates vary by financing type; storage loans range from 4.5% to 5%.
Event / data period: 2026-10
Published: · Updated:
The U.S. Department of Agriculture announced interest rates effective October 1 for Farm Service Agency loans to agricultural producers. Direct operating loans are set at 5.375%; direct farm-ownership loans range from 2.25% for down payments to 6.25% for standard loans.
For storage facilities, the agency listed rates from 4.5% on three-year loans to 5% on 12-year loans. The rates apply to the named FSA products for October; commercial lenders set their own rates for guaranteed loans, so the announcement does not describe all farm credit pricing.
Data
FSA loan rates for October 2026
Selected direct and storage loan rates announced by USDA for October.
- Direct operating loan
- 5.375 percent
- 2026-10 · Observed
- Standard direct ownership loan
- 6.25 percent
- 2026-10 · Observed
- Down-payment ownership loan
- 2.25 percent
- 2026-10 · Observed
- Three-year storage facility loan
- 4.5 percent
- 2026-10 · Observed
- 12-year storage facility loan
- 5 percent
- 2026-10 · Observed
Methodology
Rates are transcribed from the FSA release dated October 1, 2026. Rates set by commercial lenders for guaranteed loans are excluded.
Updated:
Subjects and places
Subject proposals
- AgricultureSuggested
- Preserved editorial category/topic; broad candidate onlywww.fsa.usda.gov ↗
- Interest ratesSuggested
- Subject suggested from the title or summary: interest rateswww.fsa.usda.gov ↗
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