USDA Announces Loan Maturity for Marketing Assistance Loans Now Extended to 12 Months

Provides Producers with Marketing Flexibilities Amid COVID-19 Uncertainties

WASHINGTON, April 9, 2020 – 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.

USDA Designates 33 New Mexico Counties as Primary Natural Disaster Areas

This Secretarial natural disaster designation allows the United States Department of Agriculture (USDA) Farm Service Agency (FSA) to extend much-needed emergency credit to producers recovering from natural disasters through emergency loans. Emergency loans can be used to meet various recovery needs including the replacement of essential items such as equipment or livestock, reorganization of a farming operation, or to refinance certain debts.

USDA Reports Record Enrollment in Key Farm Safety-Net Programs

Contact: FPAC.BC.Press@usda.gov

WASHINGTON, April 21, 2020 – Producers signed a record 1.77 million contracts for the U.S. Department of Agriculture’s Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs for the 2019 crop year, which is more than 107 percent of the total contracts signed compared with a 5-year average. USDA also reminds producers that June 30 is the deadline to enroll in ARC and PLC for the 2020 crop year.

USDA Reminds Producers of Climate-Smart Opportunities Using Farm Loan Programs

WASHINGTON, April 30, 2024 – The U.S. Department of Agriculture’s Farm Service Agency (FSA) reminds agricultural producers that Farm Loan Programs can be used to support a variety of climate-smart agriculture practices, which build on many practices that farmers and ranchers already use, like cover cropping, nutrient management and conservation tillage.

USDA Announces March 2022 Lending Rates for Agricultural Producers

Contact: FPAC.BC.Press@usda.gov

WASHINGTON, March 1, 2022 – The U.S. Department of Agriculture (USDA) announced loan interest rates for March 2022, which are effective March 1, 2022. USDA’s Farm Service Agency (FSA) loans provide important access to capital to help agricultural producers start or expand their farming operation, purchase equipment and storage structures or meet cash flow needs.

USDA Reminds Producers of Climate-Smart Opportunities Using Farm Loan Programs

Washington, DC, April 30, 2024 – The U.S. Department of Agriculture’s Farm Service Agency (FSA) reminds agricultural producers that Farm Loan Programs can be used to support a variety of climate-smart agriculture practices, which build on many practices that farmers and ranchers already use, like cover cropping, nutrient management and conservation tillage.