Program Data

Proudly serving America's farmers and ranchers since 1938, the Farm Service Agency's Farm Loan Programs continues its long tradition of providing "a financial safety net for America's farmers and ranchers to sustain economically viable agricultural production" its top priority.  Fiscal Year 2016 established amazing benchmarks, and Fiscal Year 2017 funding accomplishments are equally impressive and noteworthy.  With USDA farm loan programs, "we keep America's agriculture growing."

FY 2017 Funding Accomplishments:
  • Obligations of Direct and Guaranteed Farm Operating and Farm Ownership loan funds were the 2nd highest in Agency history, exceeding $5.9 billion.
  • A new record was set in Direct Farm Ownership loan obligations.  Fiscal Year 2017 saw the highest level in Agency history - a whopping $1.04 billion!  Even more impressive, FY 2017 represents the 4th consecutive year that a new obligation mark has been established.
  • The 2nd highest level of Guaranteed Farm Ownership obligations in Agency history.  FSA guaranteed over $2.2 billion for farmers working with commercial lenders to purchase, improve, and expand their farms and ranches.
  • The 2nd highest level of Direct and Guaranteed loan assistance in Agency history was provided to minority and women farmers.
  • The 2nd highest level of Direct and Guaranteed loan assistance provided to Beginning Farmers in Agency history.

Executive Summary for Farm Loan Programs in Fiscal Year 2017

Loan Applications Received in Fiscal Year 2017

Socially Disadvantaged Lending, By State, in Fiscal Year 2017

Beginning Farmer Lending, By State in Fiscal Year 2017

Combined Beginning Farmer and Socially Disadvantaged Lending, By State, in Fiscal Year 2017

Veteran Farmer Lending, By State, in Fiscal Year 2017

Total Farm Loan Program Obligations, By State, for Fiscal Year 2017


 FY 2016 Funding Accomplishments:
  • A new Agency record was set!  Obligations of Direct and Guaranteed Operating and Farm Ownership loan funds totaled $6.3 Billion, the highest in Agency history.
  • Obligations of Direct Operating Loans was the highest since Fiscal Year 1986 - $1.3 Billion
  • Highest level of Direct Farm Ownership loan obligations - $1.016 Billion
  • Highest level of Guaranteed Farm Ownership loan obligations - Over $2.4 Billion
  • Highest level of Direct and Guaranteed loan assistance provided to historically underserved farmers and ranchers in the Agency's history.
  • Highest level of Direct and Guaranteed loan assistance provided to Beginning Farmers in the Agency's history.

Of particular interest to note is that the figures for Direct Farm Ownership loan applications represent loan applications processed and approved exclusively in Fiscal Year 2016.  There was no carryover of approved, unfunding applications from the previous fiscal year (2015).   

Available Reports

Executive Summary for Farm Loan Programs in Fiscal Year 2016 (PDF, 11 KB, September 30, 2016)

Loan Applications Received in Fiscal Year 2016 (PDF, 15 KB, September 30, 2016)

Socially Disadvantaged Lending, By State, in Fiscal Year 2016 (PDF, 15 KB, September 30, 2016)

Beginning Farmer Lending, By State, in Fiscal Year 2016 (PDF, 15 KB, September 30, 2016)

Combined Beginning Farmer and Socially Disadvantaged Lending, By State, in Fiscal Year 2016 (PDF, 15 KB, September 30, 2016)

Total Farm Loan Program Obligations, By State, for Fiscal Year 2016 (PDF, 15 KB, September 30, 2016)


FY 2015 Funding Accomplishments:
  • The obligation of Direct and Guaranteed Operating and Farm Ownership loan funds were the highest ever in the Agency's history, exceeding the record set 30 years ago in Fiscal Year 1985.  Total Obligations reached $5.6 billion.
  • Direct Farm Ownership loan obligations reached $1 billion, another Agency record.  These obligations represent direct Farm Ownership applications received and approved during the same fiscal year; there was no carryover of approved, unfunded loan applications carried into FY 2015 from the previous fiscal year.
  • Guaranteed Farm Ownership obligations in Fiscal Year 2015 reached over $2 billion, the highest level in Agency history.
  • Fiscal Year 2015 saw the highest level of Direct and Guaranteed loan assistance to Historically Underserved and Women farmers and ranchers in Agency history.
  • Loan assistance to Beginning Farmers in both Direct and Guaranteed funding reached the highest level in Agency history.
Available Reports

Executive Summary for Farm Loan Programs in Fiscal Year 2015 (PDF, 21 KB, September 30, 2015)

Loan Applications Received in Fiscal Year 2015 (PDF, 26 KB, September 30, 2015)

Combined Beginning Farmer and Socially Disadvantaged Lending, By State, in Fiscal Year 2015 (PDF, 24 KB, September 30, 2015)

Beginning Farmer Lending in Fiscal Year 2015, By State (PDF, 25 KB, September 30, 2015)

Socially Disadvantaged Lending in Fiscal Year 2015, By State (PDF, 26 KB, September 30, 2015)

Total Farm Loan Program Obligations, By State, for Fiscal Year 2015 (PDF, 26 KB, September 30, 2015)