NEWS
UNITED STATES DEPARTMENT OF AGRICULTURE 
Office of Communications News Room 460-A
Washington, DC 20250-1300
Internet: News @usda.gov   Phone: 202-720-9035
World Wide Web Home Page: http://www.usda.gov
                                                  
                               Release No. 0087.01
                                                  
                         Dann Stuart(202) 690-0474
                       dan_stuart@wdc.fsa.usda.gov
     
USDA ANNOUNCES 2001 COUNTY LOAN RATES FOR WHEAT, FEED GRAINS,
AND OILSEEDS

     WASHINGTON, May 31, 2001--The U.S. Department of
Agriculture today announced county loan rates for the 2001
crops of wheat, corn, grain sorghum, barley, oats, soybeans,
minor oilseeds (sunflower seed, flaxseed, canola, rapeseed,
safflower seed, and mustard seed), and other oilseeds (crambe
and sesame seed).

     The loan rates were determined in accordance with the
provisions of the Federal Agriculture Improvement and Reform
Act of 1996 and are derived from the national average loan
rates which were established as follows:

                      National Average    National Average   
                                              Loan Rates
      Commodity          Loan Rates       Changes From 2000

      Wheat                $2.58/bu.                   0
      Corn                 $1.89/bu.                   0
      Grain Sorghum        $1.71/bu.                   0
      Barley               $1.65/bu.             Plus $.03/bu.
      Oats                 $1.21/bu.             Plus $.05/bu.
      Soybeans             $5.26/bu.                   0
      Sunflower Seed       $9.30/cwt.                  0
      Flaxseed             $9.30/cwt.                  0
      Canola               $9.30/cwt.                  0
      Rapeseed             $9.30/cwt.                  0
      Safflower Seed       $9.30/cwt.                  0
      Mustard Seed         $9.30/cwt.                  0
      Crambe               $8.77/cwt.                  0
      Sesame Seed          $8.77/cwt.                  0

     Further information on the county loan rates is
available from Terry Hickenbotham, USDA-FSA-EPAS, Stop 0508,
Room 3745, 1400 Independence Avenue, SW, Washington, DC 20250-
0508; via phone at (202)690-0733; via e-mail at
terry_hickenbotham@wdc.fsa.usda.gov; or via fax at (202)690-
2186.

     Copies of the rate schedules are available from Thomas
Fink, USDA-FSA-PSD, Stop 0512, Room 4089A, 1400 Independence
Avenue, SW, Washington, DC 20250-0512; via phone at (202) 720-
8701; via e-mail at tom_fink@wdc.fsa.usda.gov; or via fax at
(202) 690-3307.

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