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USDA Designates Nine Minnesota 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 the refinance of certain debts.

USDA Designates Two Maryland Counties as Primary Natural Disaster Areas for Drought; Additional Primary and Contiguous Disaster Counties also located in Maryland, Pennsylvania, Virginia, and West Virginia.

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 2019 Upland Cotton Marketing Assistance Loan Rate

Contact: Peter Wood (202) 720-3646

WASHINGTON, March 8, 2019 – The U.S. Department of Agriculture (USDA) Commodity Credit Corporation today announced that the marketing assistance loan rate for 2019-crop base quality upland cotton is 52 cents per pound.

Marketing assistance loans provide interim financing to producers so that commodities can be stored upon harvest when market prices are typically low and sold later when price conditions are more favorable.