Politico points out that the shutdown is stalling the delivery of farm loans, the release of critical market reports, and the Administration’s plan for emergency assistance for farmers
Democrats in the Senate have asked USDA to explain why the Department of Government Efficiency must approve certain government farm loans and loan guarantees before they are issued. The lawmakers also told USDA they wanted details about how such reviews are being conducted and whether DOGE will be vetting other USDA farm assistance programs.
The l...
Producers may be familiar with USDA farm loans, a variety of direct and guaranteed loan products, but Farm Service Agency administrator Bill Beam said many farmers don’t realize these offerings also include.
“Operating and direct emergency farm loans to producers unable to secure financial or commercial financing.”
So, as...
U.S. farmers retained their post-election optimistic outlook to kick off 2025. The January Purdue University/CME Group Ag Economy Barometer Index rose five points above December to 141 The barometer’s rise was primarily attributed to a nine-point rise in the Current Conditions Index. The increase in th...
Last week, the USDA announced the final $300 million in assistance to distressed direct and guaranteed farm loan borrowers under the Inflation Reduction Act. Over the past two years, USDA acted swiftly to assist distressed borrowers in retaining their land and continuing their agricultural operations. Th...
Federal officials testified before the Senate Appropriations Committee on how they’re dealing with disasters. Farm Policy News said Georgia and North Carolina senators testified about the devastation facing their farmers after Hurricanes Helene and Milton hit those states this Fall. Beyond those ...
A new report says banks could be more hesitant to lend to the farm sector just as the agricultural industry is expected to enter a major credit crunch. And Rabobank said that could disproportionately hurt smaller producers in the process.
...
The Federal Agricultural Mortgage Corporation, or Farmer Mac, the nation’s secondary market provider that increases the accessibility of financing for agriculture and rural America, announced the recent fiscal quarter results.
“Farm Mac delivered another solid quarter, demonstrating yet again the benefits of our successful efforts to continue to diversify revenue streams, taking advantage of our