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USDA Now Accepting Applications for Farm Loans Online

WASHINGTON, Dec. 5, 2023 – The U.S. Department of Agriculture (USDA) has launched an online application for Direct Loan customers. More than 26,000 customers who submit a Direct Loan application each year can now use an online, interactive, guided application that is paperless and provides helpful features including an electronic signature option, the ability to attach supporting documents such as tax returns, complete a balance sheet and build a farm operating plan.

USDA Announces Commodity Credit Corporation Lending Rates for April 2020

Contact: FPAC.BC.Press@usda.gov

WASHINGTON, April 3, 2020 – The U.S. Department of Agriculture’s Commodity Credit Corporation today announced interest rates for April 2020, which are effective April 1-April 30, 2020. The Commodity Credit Corporation borrowing rate-based charge for April is 0.625 percent, down from 1.500 percent in March.

Availability of Low-Interest Physical Loss Loans for Producers Affected by Natural Disasters

Physical loss loans can help producers repair or replace damaged or destroyed physical property essential to the success of the agricultural operation, including livestock losses. Examples of property commonly affected include essential farm buildings, fixtures to real estate, equipment, livestock, perennial crops, fruit and nut bearing trees and harvested or stored crops and hay.

State: Minnesota

Triggering Disaster Event: High winds and a tornado that occurred Dec. 15, 2021, through Dec. 16, 2021.

USDA Announces Inaugural Federal Advisory Committee on Urban Agriculture

WASHINGTON, Feb. 1, 2022 – Agriculture Secretary Tom Vilsack selected 12 members to serve on the U.S. Department of Agriculture’s (USDA) inaugural Secretary’s Advisory Committee for Urban Agriculture to provide input on policy development and to help identify barriers to urban agriculture as USDA works to promote urban farming and the economic opportunities it provides in cities across the country. 

Agriculture Risk Coverage and Price Loss Coverage Programs Receive 2018 Farm Bill One Year Extension, Farmers Can Now Enroll for the 2024 Crop Year

WASHINGTON, Dec. 18, 2023 – The U.S. Department of Agriculture (USDA) today announced that agricultural producers can now enroll in the Farm Service Agency’s (FSA) Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs for the 2024 crop year. Producers can enroll and make election changes for the 2024 crop year starting Dec. 18, 2023. The deadline to complete enrollment and any election change is March 15, 2024.  

FSA Expands Set-Aside Loan Provision for Customers Impacted by COVID-19

WASHINGTON, May 21, 2020 – USDA’s Farm Service Agency (FSA) will broaden the use of the Disaster Set-Aside (DSA) loan provision, normally used in the wake of natural disasters, to allow farmers with USDA farm loans who are affected by COVID-19, and are determined eligible, to have their next payment set aside. In some cases, FSA may also set aside a second payment for farmers who have already had one payment set aside because of a prior designated disaster.

USDA Provides Update on Implementation of Forthcoming Disaster Assistance

Contact: FPAC.BC.Press@usda.gov

Program benefits to be delivered through two-phased approach

HOUSTON, Feb. 3, 2022 – Today, the U.S. Department of Agriculture (USDA) provided an update at the Cattle Industry Convention on forthcoming assistance for agricultural producers impacted by weather-related disasters in calendar years 2020 and 2021.

Agriculture Risk Coverage and Price Loss Coverage Programs Receive 2018 Farm Bill One Year Extension, Farmers Can Now Enroll for the 2024 Crop Year

WASHINGTON, Dec. 18, 2023 – The U.S. Department of Agriculture (USDA) today announced that agricultural producers can now enroll in the Farm Service Agency’s (FSA) Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs for the 2024 crop year. Producers can enroll and make election changes for the 2024 crop year starting Dec. 18, 2023. The deadline to complete enrollment and any election change is March 15, 2024.