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USDA Announces Additional $250 Million in Financial Assistance for Distressed Farm Loan Borrowers
Thu Oct 10, 2024 12:00 AM ESTWASHINGTON, Oct. 7, 2024 — The U.S. Department of Agriculture (USDA) announced an additional $250 million in automatic payments for distressed direct and guaranteed farm loan borrowers under Section 22006 of the Inflation Reduction Act. This significant step continues USDA's commitment to keeping farmers and ranchers financially viable and support for agricultural communities.USDA Announces October 2024 Lending Rates for Agricultural Producers
Thu Oct 10, 2024 12:00 AMWASHINGTON, Oct. 1, 2024 – The U.S. Department of Agriculture (USDA) announced loan interest rates for October 2024, which are effective Oct. 1, 2024. USDA Farm Service Agency (FSA) loans provide important access to capital to help agricultural producers start or expand their farming operation, purchase equipment and storage structures, or meet cash flow needs.USDA Offers Disaster Assistance to Agricultural Producers in Puerto Rico Impacted by Tropical Storm Ernesto
Fri Aug 30, 2024 11:00 AM US/EasternSAN JUAN, Puerto Rico, Aug. 28, 2024 – Agricultural operations in Puerto Rico have been significantly impacted by Hurricane Ernesto and related weather events. The U.S. Department of Agriculture (USDA) has technical and financial assistance available to help farmers and livestock producers recover from these adverse weather events. Impacted producers should contact their local USDA Service Center to report losses and learn more about program options available to assist in their recovery from crop, land, infrastructure, and livestock losses and damages.Farmers, Ranchers Now Can Make USDA Farm Loan Payments Online
Fri Feb 9, 2024 09:00 AM ESTWASHINGTON, Feb. 7, 2023 – The U.S. Department of Agriculture (USDA) has developed a simplified direct loan application to provide improved customer experience for producers applying for loans from the Farm Service Agency (FSA). The simplified direct loan application enables producers to complete a more streamlined application, reduced from 29 to 13 pages. Producers will also have the option to complete an electronic fillable form or prepare a traditional, paper application for submission to their local FSA farm loan office. The paper and electronic versions of the form will be available starting March 1, 2023.