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COLUMBIA, S.C., March 4, 2024 – The U.S. Department of Agriculture (USDA) announced that agricultural producers and private landowners can begin signing up for the general Conservation Reserve Program (CRP) starting March 4 and running through March 29, 2024.
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 the refinance of certain debts.
Payments to Begin Early March
“Although commodity prices are starting to show a glimmer of improvement, recent depressed prices and drops in revenue compounded by the effects of the pandemic have seriously impacted the bottom line for most agricultural operations,” said Richard Fordyce, Administrator of USDA’s Farm Service Agency (FSA). “Through safety-net programs like ARC and PLC, we can help producers mitigate these financial stressors and keep the ag industry moving forward.
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 the refinance of certain debts.
Recovery Assistance Available for Livestock, Feed, Forage, and Infrastructure Loss
WASHINGTON, Aug. 6, 2020 – To assist Farm Storage Facility Loan (FSFL) borrowers experiencing financial hardship from the pandemic and other challenges in production agriculture, USDA’s Farm Service Agency (FSA) is offering a one-time annual installment payment deferral option. No fees or prepayment penalties apply for borrowers who choose this FSFL loan flexibility option.
Protect Your Farm’s Hay Crop
Hay is West Virginia’s most significant farm crop. Over 16,500 farms harvest 565,000 acres of hay throughout the state with a value exceeding $148 million dollars.
