Thursday, April 25, 2024
Tags Posts tagged with "FSA loans"

Tag: FSA loans

The U.S. Department of Agriculture has launched an online application for Direct Loan customers.

The 2018 Farm Bill increased the amount that producers can borrow through USDA's Farm Service Agency (FSA) loans.

America's next generation of farmers are supported through FSA's Beginning Farmer direct and guaranteed loan programs.

As the days draw closer to Christmas, remember to double check upcoming dates and deadlines at the Farm Service Agency.

Direct operating loans allow farmers to purchase livestock, equipment, seed, feed, farm chemicals and supplies and refinance debt with certain limitations.

With harvest wrapping up, now is a good time to consider the FSA programs that may make our farm life easier.

Having a grain bin available for delivery 24 hours a day, seven days a week saves time and helps a farming operation run more efficiently.

Youth loans are a great way for future farmers to get hands-on experience with the ins and outs of financial responsibility.

Loan rates vary slightly by county but are around $1.97 for corn, $5.08 for soybeans, $2.66 for wheat, $1.71 for barley and $1.43 for oats.

Corn silage is eligible for FSA's nine-month recourse loans. And the silo it is stored in would be eligible for FSA's farm storage facility loans.