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County loan rate
Nonrecourse loan rates vary from county to county to account for transportation cost differences to the nearest terminal elevator. The weighted average for all county loan rates — the actual loan levels received by farmers — in the United States must equal the national average loan rate, established by USDA according to limits set by Congress.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
- Product:
- Acronym-Abbreviation:
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