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Shining Light on Farm & Food Policy for 20 Years.
Saturday, December 21, 2024
The Agriculture Department intends to provide another $250 million in Inflation Reduction Act funding to distressed farm loan borrowers, on top of the $2.2 billion it has already provided, the department's Farm Service Agency announced Monday.
The National Farmers Union and USDA will work together to improve customer service at Farm Service Agency county offices, according to a Memorandum of Understanding signed Monday.
Distressed borrowers will be able to defer one annual loan installment at a reduced interest rate and take advantage of a simplified application process for Farm Service Agency loans.
There’s a big week in Washington ahead of the July 4 recess, including appropriations action on the Hill and potentially, a Supreme Court opinion limiting agencies' discretion to interpret laws.
The Agriculture Department is pooling $13 million in Environmental Quality Incentives Program funding toward Northern bobwhite quail habitat projects under a new program, agency leaders announced Thursday.
Agricultural lenders in the Farm Credit System must have a plan of action on how they will service and enhance their relationships with young, beginning and small (YBS) farmers as part of a rule approved this fall by the Farm Credit Administration board.
The Agriculture Department has more than doubled funding for a program to help rebuild grain storage capacity in regions hit by storms in 2021 and 2022, but agency officials say the additional funds will likely not be enough to cover the high number of applications they have seen.
