USDA Designates 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 Announces Commodity Credit Corporation Lending Rates for April 2020

Contact: FPAC.BC.Press@usda.gov

WASHINGTON, April 3, 2020 – The U.S. Department of Agriculture’s Commodity Credit Corporation today announced interest rates for April 2020, which are effective April 1-April 30, 2020. The Commodity Credit Corporation borrowing rate-based charge for April is 0.625 percent, down from 1.500 percent in March.

USDA Announces February 2022 Lending Rates for Agricultural Producers

Contact: FPAC.BC.Press@usda.gov

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

USDA Invests $7.4 Million in 25 Urban Agriculture and Innovative Production Efforts

WASHINGTON, July 18, 2023 – The U.S. Department of Agriculture (USDA) is investing $7.4 million in 25 selected grants that support urban agriculture and innovative production. Selected grant recipients, including community gardens and nonprofit farms, will increase food production and access in economically distressed communities, provide job training and education, and allow partners to develop business plans and zoning proposals.

FSA Expands Set-Aside Loan Provision for Customers Impacted by COVID-19

WASHINGTON, May 21, 2020 – USDA’s Farm Service Agency (FSA) will broaden the use of the Disaster Set-Aside (DSA) loan provision, normally used in the wake of natural disasters, to allow farmers with USDA farm loans who are affected by COVID-19, and are determined eligible, to have their next payment set aside. In some cases, FSA may also set aside a second payment for farmers who have already had one payment set aside because of a prior designated disaster.