USDA to Aid Farmers With $500 Million in Loans

July 2, 2016 10:00 AM

Farmers will get $500 million from USDA to help them cover farm ownership loans, officials told AgDay.

Producers are facing reluctance from banks to lend because of lower commodity prices and declining farm incomes. That is pushing up demand for USDA’s guaranteed loans.

And it could get even harder for farmers. USDA is nearly out of the $2 billion approved by Congress for the program.


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Spell Check

C r
Anywhere , TX
7/3/2016 08:59 PM

  Well Steve maybe you should stop eating & see how that plays out for you ! Or maybe try not to be so ignorant

7/2/2016 07:53 PM

  maybe the usda should take a cue from the banking community. when in a hole stop digging

Miguel A. Garcia
MOdesto , CA
7/4/2016 12:41 PM

  It's a great opportunity


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