USDA Announces August 2022 Lending Rates for Agricultural Producers

Contact:
FPAC.BC.Press@usda.gov

WASHINGTON, Aug. 1, 2022 – The U.S. Department of Agriculture (USDA) announced loan interest rates for August 2022, which are effective Aug. 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.

Operating, Ownership and Emergency Loans

Dairy Producers in Iowa Reminded to Enroll in 2024 Dairy Margin Coverage by April 29

DES MOINES, Iowa, April 17, 2024 – The U.S. Department of Agriculture (USDA) is encouraging dairy producers to enroll by April 29, 2024, for 2024 Dairy Margin Coverage (DMC), an important safety net program that helps offset milk and feed price differences. This year’s DMC signup began Feb. 28, 2024, and payments, retroactive to January, began in March 2024. So far, DMC payments triggered in January and February of 2024 at margins of $8.48 and $9.44 respectively.   

June 30 Last Day to Complete Enrollment for 2020 Agriculture Risk Coverage, Price Loss Coverage Programs

Call Today About 2020 Crop Year Eligibility 

WASHINGTON, D.C., June 11, 2020 – Agricultural producers who have not yet enrolled in the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) programs for 2020 must do so by June 30. Although program elections for the 2020 crop year remain the same as elections made for 2019, all producers need to contact their local USDA Farm Service Agency (FSA) office to sign a 2020 enrollment contract. 

Deadline Extended and More Pre-Filled Forms For 2020 and 2021 Disasters on the Way

More Producers to Soon Receive Applications for over $105 Million in Additional Emergency Relief

WASHINGTON, July 27, 2022 – The U.S. Department of Agriculture (USDA) today announced that it will indefinitely extend the deadline for producers to return the pre-filled applications for Phase One of the Emergency Relief Program (ERP).  A new deadline will be announced after the last Phase One applications are mailed and provide at least 30 days following the mailing.

Deadline Extended and More Pre-Filled Forms For 2020 and 2021 Disasters on the Way

More Producers to Soon Receive Applications for over $105 Million in Additional Emergency Relief 

WASHINGTON, July 27, 2022 – The U.S. Department of Agriculture (USDA) today announced that it will indefinitely extend the deadline for producers to return the pre-filled applications for Phase One of the Emergency Relief Program (ERP).  A new deadline will be announced after the last Phase One applications are mailed and provide at least 30 days following the mailing.  

USDA Partners with FarmRaise to Offer Educational Tools and Resources to Promote Financial Access and Equity for Agricultural Producers

COLUMBIA, S.C, April 18, 2024 – The U.S Department of Agriculture (USDA) today unveiled a new, online Livestock Indemnity Program (LIP) Decision Tool and farm loan resources available to agricultural producers and cooperators who help producers access USDA disaster assistance, farm loans and other federal farm programs. The new LIP tool and the farm loan informational video resources were developed in partnership with FarmRaise and USDA’s Farm Service Agency (FSA).