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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 loan

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.

Financial Assistance Application Process Opens for USDA Farm Loan Borrowers Who Have Faced Discrimination

The U.S. Department of Agriculture (USDA) recently opened the financial assistance application process for eligible farmers, ranchers, and forest landowners who experienced discrimination in USDA farm lending programs prior to January 2021. Section 22007 of the Inflation Reduction Act (IRA) directs USDA to provide this assistance. Since the law’s passage, USDA has worked diligently to design the program in accordance with significant stakeholder input. 

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

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. 

Impacted Area: Kentucky

USDA Issues $1.68 Billion in Payments to Producers Enrolled in the Conservation Reserve Program

WASHINGTON, Oct. 15, 2020 – The U.S. Department of Agriculture (USDA) is issuing $1.68 billion in payments to agricultural producers and landowners for the 21.9 million acres enrolled in the Conservation Reserve Program (CRP), which provides annual rental payment for land devoted to conservation purposes.