# Farm loan rates: Farm and Land Loan Rates

> The Farm and Land Loan Rates carries 11 published figures read from 3 sources' own pages; the 10 published figures given by programme run from 2 to 6.75 percent, read 12 October 2026.

Commercial Refinance Quotes · https://commercialrefinancequotes.com/datasets/farm-and-land-loan-rates/ · computed 2026-10-19

**Range by programme:** 2 to 6.75 % (range 2 to 6.75 %; 11 published figures; 3 of 14 sources read publish one).

3 of the 14 named sources read in full publish a figure; 11 publish none, read 12 October 2026.

## By programme and month

| Breakdown | Median | Range | Sources |
|---|---|---|---|
| programme Farm Operating - Direct | 5.25 % | 5.25 to 5.25 % | 1 |
| programme Guaranteed cap, under 5 years (SOFR plus) | 6.75 % | 6.75 to 6.75 % | 1 |
| programme Guaranteed cap, 5 years or more (5-year Treasury plus) | 5.5 % | 5.5 to 5.5 % | 1 |
| programme Rural Development Single Family Housing Direct | 5.25 % | 5.25 to 5.25 % | 1 |
| programme Farm Operating - Microloan | 5.25 % | 5.25 to 5.25 % | 1 |
| programme Farm Ownership - Direct | 6 % | 6 to 6 % | 1 |
| programme Farm Ownership - Microloan | 6 % | 6 to 6 % | 1 |
| programme Farm Ownership - Joint Financing | 4 % | 4 to 4 % | 1 |
| programme Farm Ownership - Down Payment | 2 % | 2 to 2 % | 1 |
| programme Emergency Loan - Actual Loss | 3.75 % | 3.75 to 3.75 % | 1 |
| month 2026-06 | 5 % | 5 to 5 % | 1 |

## Every figure, with its source

One row per source: the figure the source's own page publishes, the page, and the day it was read.

| Source | Figure | Breakdown | Read |
|---|---|---|---|
| [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates) | 6.75 % | Guaranteed cap, under 5 years (SOFR plus) | 2026-10-12 |
| [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates) | 6 % | Farm Ownership - Direct | 2026-10-12 |
| [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates) | 6 % | Farm Ownership - Microloan | 2026-10-12 |
| [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates) | 5.5 % | Guaranteed cap, 5 years or more (5-year Treasury plus) | 2026-10-12 |
| [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates) | 5.25 % | Farm Operating - Direct | 2026-10-12 |
| [USDA Rural Development single family housing direct loans](https://www.rd.usda.gov/programs-services/single-family-housing-programs/single-family-housing-direct-home-loans) | 5.25 % | Rural Development Single Family Housing Direct | 2026-10-12 |
| [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates) | 5.25 % | Farm Operating - Microloan | 2026-10-12 |
| [USDA announces June 2026 lending rates for agricultural producers](https://www.fsa.usda.gov/news-events/news/06-01-2026/usda-announces-june-2026-lending-rates-agricultural-producers) | 5 % | 2026-06 | 2026-10-12 |
| [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates) | 4 % | Farm Ownership - Joint Financing | 2026-10-12 |
| [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates) | 3.75 % | Emergency Loan - Actual Loss | 2026-10-12 |
| [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates) | 2 % | Farm Ownership - Down Payment | 2026-10-12 |

## The sentence each figure was read from (11)

- [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates), read 2026-10-12: "For loans with rates variable or fixed for less than 5 years: The prior business day’s SOFR plus 6.75%."
- [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates), read 2026-10-12: "Farm Ownership - Direct 6.000%"
- [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates), read 2026-10-12: "Farm Ownership - Microloan 6.000%"
- [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates), read 2026-10-12: "For loans with rates fixed for 5 years or more: The prior business day’s 5 Year Treasury note rate plus 5.5%. *Note: If SOFR is less than 1.75%, lenders may add an additional 1% to each of the respective maximums above."
- [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates), read 2026-10-12: "Program Interest Rates Farm Operating - Direct 5.250%"
- [USDA Rural Development single family housing direct loans](https://www.rd.usda.gov/programs-services/single-family-housing-programs/single-family-housing-direct-home-loans), read 2026-10-12: "Effective September 1, 2026, the current interest rate for Single Family Housing Direct home loans is 5.250% for low-income and very low-income borrowers."
- [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates), read 2026-10-12: "Farm Operating - Microloan 5.250%"
- [USDA announces June 2026 lending rates for agricultural producers](https://www.fsa.usda.gov/news-events/news/06-01-2026/usda-announces-june-2026-lending-rates-agricultural-producers), read 2026-10-12: "Interest rates for Operating and Ownership loans for June 2026 are as follows: Farm Operating Loans (Direct): 5.000%"
- [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates), read 2026-10-12: "Farm Ownership - Direct, Joint Financing 4.000%"
- [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates), read 2026-10-12: "Emergency Loan - Amount of Actual Loss 3.750%"
- [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates), read 2026-10-12: "Farm Ownership - Down Payment 2.000%"

## Read in full, publishes no figure

- [USDA FSA farm loan programmes rate table](https://dts.fsa.usda.gov/programs-and-services/farm-loan-programs/index), read 2026-09-12: every candidate on the page was refused
- [USDA FSA farm ownership loans](https://www.fsa.usda.gov/resources/loans/farm-ownership-loans), read 2026-10-12: every candidate on the page was refused
- [Farmers.gov farm loans](https://www.farmers.gov/loans), read 2026-09-12: every candidate on the page was refused
- [Farm Credit Administration](https://www.fca.gov/), read 2026-10-12: read in full and no accepted figure on the page
- [USDA Economic Research Service farm sector income and finances](https://www.ers.usda.gov/topics/farm-economy/farm-sector-income-finances), read 2026-10-12: read in full and no accepted figure on the page
- [Farm Credit Services of America land refinancing](https://www.fcsamerica.com/financing/land-refinancing), read 2026-10-12: every candidate on the page was refused
- [Farm Credit Services of America land loans](https://www.fcsamerica.com/financing/land-loans), read 2026-10-12: every candidate on the page was refused
- [Texas Farm Credit land refinancing](https://texasfarmcredit.com/products-services/land-loans/land-refinancing/), read 2026-10-12: read in full and no accepted figure on the page
- [Mossy Oak Properties land loan rates and options](https://www.mossyoakproperties.com/how-finance-land-best-loan-options-tips/), read 2026-09-12: every candidate on the page was refused
- [LendingTree land loans](https://www.lendingtree.com/home/mortgage/how-to-get-a-land-loan/), read 2026-10-12: every candidate on the page was refused
- [Mississippi State University Extension on the Farm Credit System](https://extension.msstate.edu/publications/knowing-your-agricultural-lenders-i-farm-credit-system), read 2026-10-12: every candidate on the page was refused

## Methodology

Every row is a verbatim sentence read from the named source's own page through our fetch service on the date shown, hash-pinned to the stored read (the sha of the page's visible text; the raw page is mirrored to R2). 3 of the 14 named sources that could be read published a usable figure; 11 published none and are recorded as not published, never filled in; 1 could not be read (blocked, dead or unreachable) and count nowhere. The headline figures (median, minimum, maximum, quartiles) are over ONE figure per source for each breakdown it prices, in % (a source's median where its page yielded several accepted sentences for one breakdown), so a page that gives figures for several breakdowns gives one for each and N counts 11 figures, never sentences; 52 candidate sentence(s) were refused by a reviewer with the reason recorded. The fuller derivation this dataset is chartered to grow into (not yet what the figures above are; they are each source's own published figure as read): one row per programme per loan type per month, quoted from the authority that sets it - the Farm Service Agency's monthly lending-rate notice for the direct programmes, the statutory formula for the guaranteed cap (SOFR plus a stated spread, or the five-year Treasury plus a stated spread), and the Farm Credit associations' published land terms beside them - so the SERIES is the product: what a farm ownership loan has cost month by month, and the spread between the government programme rate and what a Farm Credit or commercial lender offers on the same land. The FSA publishes this month; nobody publishes the run of months as a series a borrower can time a refinance against.

## Sources

- [USDA FSA current loan interest rates](https://www.fsa.usda.gov/tools/informational/rates/current-fsa-loan-interest-rates) (the publisher's own terms; quoted for reporting and comment)
- [USDA FSA farm loan programmes rate table](https://dts.fsa.usda.gov/programs-and-services/farm-loan-programs/index) (the publisher's own terms; quoted for reporting and comment)
- [USDA announces June 2026 lending rates for agricultural producers](https://www.fsa.usda.gov/news-events/news/06-01-2026/usda-announces-june-2026-lending-rates-agricultural-producers) (the publisher's own terms; quoted for reporting and comment)
- [USDA FSA farm ownership loans](https://www.fsa.usda.gov/resources/loans/farm-ownership-loans) (the publisher's own terms; quoted for reporting and comment)
- [Farmers.gov farm loans](https://www.farmers.gov/loans) (the publisher's own terms; quoted for reporting and comment)
- [USDA Rural Development single family housing direct loans](https://www.rd.usda.gov/programs-services/single-family-housing-programs/single-family-housing-direct-home-loans) (the publisher's own terms; quoted for reporting and comment)
- [Farm Credit Administration](https://www.fca.gov/) (the publisher's own terms; quoted for reporting and comment)
- [USDA Economic Research Service farm sector income and finances](https://www.ers.usda.gov/topics/farm-economy/farm-sector-income-finances) (the publisher's own terms; quoted for reporting and comment)
- [Farm Credit Services of America land refinancing](https://www.fcsamerica.com/financing/land-refinancing) (the publisher's own terms; quoted for reporting and comment)
- [Farm Credit Services of America land loans](https://www.fcsamerica.com/financing/land-loans) (the publisher's own terms; quoted for reporting and comment)
- [Texas Farm Credit land refinancing](https://texasfarmcredit.com/products-services/land-loans/land-refinancing/) (the publisher's own terms; quoted for reporting and comment)
- [Eglin Federal Credit Union land and construction financing](https://www.eglinfcu.org/land_construction/) (the publisher's own terms; quoted for reporting and comment)
- [Mossy Oak Properties land loan rates and options](https://www.mossyoakproperties.com/how-finance-land-best-loan-options-tips/) (the publisher's own terms; quoted for reporting and comment)
- [LendingTree land loans](https://www.lendingtree.com/home/mortgage/how-to-get-a-land-loan/) (the publisher's own terms; quoted for reporting and comment)
- [Mississippi State University Extension on the Farm Credit System](https://extension.msstate.edu/publications/knowing-your-agricultural-lenders-i-farm-credit-system) (the publisher's own terms; quoted for reporting and comment)

## Cite or embed

- The Farm and Land Loan Rates carries 11 published figures read from 3 sources' own pages; the 10 published figures given by programme run from 2 to 6.75 percent, read 12 October 2026.
- 3 of the 14 named sources read in full publish a figure; 11 publish none, read 12 October 2026.
- Farm and Land Loan Rates, programme Farm Operating - Direct: median 5.25 percent across 1 source, read 12 October 2026.
- Farm and Land Loan Rates, programme Guaranteed cap, under 5 years (SOFR plus): median 6.75 percent across 1 source, read 12 October 2026.
- Farm and Land Loan Rates, programme Guaranteed cap, 5 years or more (5-year Treasury plus): median 5.50 percent across 1 source, read 12 October 2026.
- Farm and Land Loan Rates, programme Rural Development Single Family Housing Direct: median 5.25 percent across 1 source, read 12 October 2026.
- Farm and Land Loan Rates, programme Farm Operating - Microloan: median 5.25 percent across 1 source, read 12 October 2026.
- Farm and Land Loan Rates, programme Farm Ownership - Direct: median 6 percent across 1 source, read 12 October 2026.
- Farm and Land Loan Rates, programme Farm Ownership - Microloan: median 6 percent across 1 source, read 12 October 2026.
- Farm and Land Loan Rates, programme Farm Ownership - Joint Financing: median 4 percent across 1 source, read 12 October 2026.
- Farm and Land Loan Rates, programme Farm Ownership - Down Payment: median 2 percent across 1 source, read 12 October 2026.
- Farm and Land Loan Rates, programme Emergency Loan - Actual Loss: median 3.75 percent across 1 source, read 12 October 2026.
- Farm and Land Loan Rates, month 2026-06: median 5 percent across 1 source, read 12 October 2026.

Cite as: "Commercial Refinance Quotes Farm and Land Loan Rates", updated 2026-10-19, https://commercialrefinancequotes.com/datasets/farm-and-land-loan-rates/.

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