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

Provides with Marketing Flexibilities Amid COVID-19 Uncertainties Producers  

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 Announces Availability of Low-Interest Physical Loss Loans for Producers in 17 Arkansas Counties Affected by Natural Disasters

Two Texas Counties Also Eligible for Assistance

Physical loss loans through the United States Department of Agriculture’s (USDA) Farm Service Agency (FSA) can help producers repair or replace damaged or destroyed physical property essential to the success of the agricultural operation, including livestock losses. Examples of property commonly affected include essential farm buildings, fixtures to real estate, equipment, livestock, perennial crops, fruit and nut bearing trees, and harvested or stored crops and hay.

USDA Reminds Producers of Feb. 28 Deadline for Conservation Reserve Program General Signup

WASHINGTON, D.C., January 28, 2020 – The U.S. Department of Agriculture (USDA) reminds agricultural producers interested in the Conservation Reserve Program (CRP) 2020 general signup to enroll by February 28, 2020. This signup is available to farmers and private landowners who are either enrolling for the first time or re-enrolling for another 10- to 15-year term.