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USDA Announces Additional Assistance for Distressed Farmers Facing Financial Risk

WASHINGTON, March 27, 2023 - The U.S. Department of Agriculture (USDA) today announced that beginning in April it will provide approximately $123 million in additional, automatic financial assistance for qualifying farm loan program borrowers who are facing financial risk, as part of the $3.1 billion to help distressed farm loan borrowers that was provided through Section 22006 of the Inflation Reduction Act (IRA). The announcement builds on financial assistance offered to borrowers through the same program in October 2022.

Availability of Low-Interest Physical Loss Loans for Producers Affected by Natural Disasters – Winter Storms – Feb.14 to Feb. 20, 2021

Physical loss loans 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.

State: Texas

Triggering Disaster: Winter storm that occurred on Feb. 14 to Feb. 20, 2021

USDA Announces Additional Assistance for Distressed Farmers Facing Financial Risk 

WASHINGTON, March 27, 2023 — The U.S. Department of Agriculture (USDA) today announced that beginning in April it will provide approximately $123 million in additional, automatic financial assistance for qualifying farm loan program borrowers who are facing financial risk, as part of the $3.1 billion to help distressed farm loan borrowers that was provided through Section 22006 of the Inflation Reduction Act (IRA). The announcement builds on financial assistance offered to borrowers through the same program in October 2022. 

Availability of Low-Interest Physical Loss Loans for Producers Affected by Natural Disasters

Physical loss loans 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.

State: Tennessee

Triggering Disaster: Severe winter weather and ice storm that occurred Feb. 15 through Feb. 18, 2021

 Urban Producers, Public Invited to Attend April Meeting of Federal Advisory Committee for Urban Agriculture and Innovative Production 

WASHINGTON, March 30, 2023 – The U.S. Department of Agriculture (USDA) encourages urban producers, innovative producers and other stakeholders to submit comments for and virtually attend the fifth public meeting of the Federal Advisory Committee for Urban Agriculture and Innovative Production (Committee) on April 18, 2023.     

Urban Producers, Public Invited to Attend April Meeting of Federal Advisory Committee for Urban Ag

SPRINGFIELD, Illinois, April 3, 2023 – The U.S. Department of Agriculture (USDA) encourages urban producers, innovative producers and other stakeholders to submit comments for and virtually attend the fifth public meeting of the Federal Advisory Committee for Urban Agriculture and Innovative Production (Committee) on April 18, 2023.