Protect Your Operation from Ups and Downs in the Market 

Agricultural producers now have more time to repay Marketing Assistance Loans (MAL) as part of the U.S. Department of Agriculture’s implementation of the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020. The loans now mature at 12 months rather than nine, and this flexibility is available for most commodities.

WASHINGTON, October 18, 2022 – The U.S. Department of Agriculture (USDA) today announced that distressed borrowers with qualifying USDA farm loans have already received nearly $800 million in assistance, as part of the $3.1 billion in assistance for distressed farm loan borrowers provided through Section 22006 of the Inflation Reduction Act (IRA). The IRA directed USDA to expedite assistance to distressed borrowers of direct or guaranteed loans administered by USDA’s Farm Service Agency (FSA) whose operations face financial risk.

Contact: FPAC.BC.Press@usda.gov

Immediate Help for Over 13,000 Distressed USDA Farm Loan Borrowers;
Begins Process to Provide up to $500 Million More for Up to 23,000 Additional Borrowers

Contact: FPAC.BC.Press@usda.gov

Payments Issuing to Producers of 2021 Crops Triggering Safety-Net Program Payments 

Harrisburg, PA Nov. 12, 2020 – The U.S. Department of Agriculture (USDA) today announced the 2021 signup periods for general Conservation Reserve Program (CRP) and CRP Grasslands offers. General signup for CRP will be open from January 4, 2021 to February 12, 2021; signup for CRP Grasslands runs from March 15, 2021 to April 23, 2021. Both programs are competitive and provide annual rental payments for land devoted to conservation purposes.

Payments Issuing to Producers of 2021 Crops Triggering Safety-Net Program Payments