USDA Offers Farm Loans for Farmers Facing Covid-19 Related Challenges

Contact: FPAC.BC.Press@usda.gov

MONTGOMERY, Ala., May 13, 2020 — The U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) reminds producers that FSA offers farm ownership and farm operating loans to agricultural producers who may not find success obtaining loans from their traditional financial institutions because of COVID-19. Farmers who cannot obtain commercial credit from a bank can apply for FSA direct or guaranteed loans. 

USDA Announces Availability of Low-Interest Physical Loss Loans for 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: North Dakota

USDA Issues First Coronavirus Food Assistance Program Payments

USDA Issues First Coronavirus Food Assistance Program Payments

Washington, D.C., June 4, 2020 – U.S. Secretary of Agriculture Sonny Perdue today announced the USDA Farm Service Agency (FSA) has already approved more than $545 million in payments to producers who have applied for the Coronavirus Food Assistance Program. FSA began taking applications May 26, and the agency has received over 86,000 applications for this important relief program.