The provisions of Section 163 of the Act are not retroactive. Accordingly, this and subsequent monthly interest rate announcements will carry two sets of rates: one for 1995 and prior crop year commodity loans and one for 1996 and subsequent crop year commodity and marketing assistance loans.
FSA was set up when the Department was reorganized in 1994, incorporating programs from several agencies, including the Agricultural Stabilization and Conservation Service, the Federal Crop Insurance Corporation (now a separate Risk Management Agency), and the Farmers Home Administration.
United States Department of Agriculture
marketing@alchempro.com
