USDA posts November farm-loan rates, effective November 1
USDA’s November schedule lists direct farm operating loans at 5.625% and direct ownership loans at 6.250%.
What the record says
USDA announced its November 2026 Farm Service Agency loan rates November 2, with the schedule effective November 1. Direct farm operating loans are listed at 5.625% and direct farm ownership loans at 6.250%. Joint-financing ownership loans are listed at 4.250%, down-payment ownership loans at 2.250%, and emergency loans for actual losses at 3.750%. The agency also published commodity and storage-facility rates. Three-year farm storage loans are listed at 4.875%, five-year loans at 5.000%, seven- and ten-year loans at 5.125%, and twelve-year loans at 5.250%. These are FSA program rates. Guaranteed loans through commercial lenders carry rates set by those lenders.
Source details and supporting locations.
Practical next step
Eligible producers can contact their USDA Service Center or use FSA’s linked Loan Assistance Tool to discuss program requirements.
Limits and what is not established
Published rates do not establish an applicant’s eligibility or approval. This is the November rate schedule, not a promise that these rates apply to every loan or remain unchanged in later months.
Sources checked November 4, 2026. Later notices may change instructions or arrangements.
Original sources
USDA Farm Service Agency: original information