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Shining Light on Farm & Food Policy for 20 Years.
Sunday, September 01, 2024
Farm groups are calling for Agriculture Department loan program payment rates to be increased in the upcoming farm bill, while agency officials look at other ways to make the programs more accessible and flexible for producers.
The administrator of USDA’s Farm Service Agency, Zach Ducheneaux, says USDA is rethinking the way it structures farm loans to lower the risk of default.
Agriculture Department leaders are offering the nation’s rice producers a look at the $250 million assistance program expected later this year and giving them a chance to start filling out their applications before the program is officially announced.
USDA’s Farm Service Agency has rolled out a new direct loan application that will require interested producers to fill out less than half the paperwork.
A USDA announcement detailed a new way for Farm Service Agency employees to take a more proactive approach to service accruing debt as producers face challenges in meeting payment requirements.
Borrowers in danger of losing their farms due to hefty sums of money owed to the Department of Agriculture received about $800 million in relief Tuesday.
FSA on Monday launched 2023 enrollment for the Dairy Margin Coverage Program, the farm bill safety net tool that issues payments when production margins fall below a level set by producers during enrollment.
The Agriculture Department plans to loosen up existing Conservation Reserve Program rules by allowing participants to request termination of their CRP contract if they are in their final year of the agreement.