Tag: farm loans

  • USDA Announces May Lending Rates

    The U.S. Department of Agriculture (USDA) announced loan interest rates for May 2026, effective May 1. USDA Farm Service Agency (FSA) loans provide access to capital to help producers start or expand their farming operations, purchase equipment and storage structures or meet cash flow needs.             

    Operating, Ownership and Emergency Loans      
    FSA offers farm operating, ownership and emergency loans with favorable interest rates and terms to help eligible agricultural producers obtain financing needed to start, expand or maintain a family agricultural operation.

    Interest rates for Operating and Ownership loans for May 2026 are as follows:

    FSA also offers guaranteed loans through commercial lenders at rates set by those lenders. To access an interactive online, step-by-step guide through the farm loan process, visit the Loan Assistance Tool on farmers.gov.

    Commodity and Storage Facility Loans
    Additionally, FSA provides low-interest financing to producers to build or upgrade on-farm storage facilities and purchase handling equipment and loans that provide interim financing to help producers meet cash flow needs without having to sell their commodities when market prices are low.  Funds for these loans are provided through the Commodity Credit Corporation (CCC) and are administered by FSA.

    To learn more about FSA programs, producers can contact their local USDA Service Center. Additionally, producers can use online tools, such as the Loan Assistance Tool and Debt Consolidation Tool to explore loan options. — Story contributed by the USDA Farm Service Agency

  • January USDA Lending Rates for Ag Producers

    The U.S. Department of Agriculture (USDA) announced loan interest rates for January 2026, which are effective Jan. 1, 2026. USDA Farm Service Agency (FSA) loans provide important access to capital to help agricultural producers start or expand their farming operation, purchase equipment and storage structures or meet cash flow needs.     

    Operating, Ownership and Emergency Loans

    FSA offers farm operating, ownership and emergency loans with favorable interest rates and terms to help eligible agricultural producers obtain financing needed to start, expand or maintain a family agricultural operation.      

    Interest rates for Operating and Ownership loans for January 2026 are as follows:

    FSA also offers guaranteed loans through commercial lenders at rates set by those lenders. To access an interactive online, step-by-step guide through the farm loan process, visit the Loan Assistance Tool on farmers.gov.

    Commodity and Storage Facility Loans

    Additionally, FSA provides low-interest financing to producers to build or upgrade on-farm storage facilities and purchase handling equipment and loans that provide interim financing to help producers meet cash flow needs without having to sell their commodities when market prices are low.  Funds for these loans are provided through the Commodity Credit Corporation (CCC) and are administered by FSA.

    More Information

    To learn more about FSA programs, producers can contact their local USDA Service Center. Additionally, producers can use online tools, such as the Loan Assistance Tool and Debt Consolidation Tool to explore loan options.

  • July USDA Lending Rates for Ag Producers

    The U.S. Department of Agriculture (USDA) announced loan interest rates for July 2025, which are effective July 1, 2025. USDA Farm Service Agency (FSA) loans provide important access to capital to help agricultural producers start or expand their farming operation, purchase equipment and storage structures or meet cash flow needs.               

    Operating, Ownership and Emergency Loans      

    FSA offers farm ownership, operating and emergency loans with favorable interest rates and terms to help eligible agricultural producers obtain financing needed to start, expand or maintain a family agricultural operation.      

    Interest rates for Operating and Ownership loans for July 2025 are as follows:

    Farm Operating Loans (Direct): 5.000%

    Farm Ownership Loans (Direct): 5.875%

    Farm Ownership Loans (Direct, Joint Financing): 3.875%

    Farm Ownership Loans (Down Payment): 1.875%

    Emergency Loan (Amount of Actual Loss): 3.750%    

    FSA also offers guaranteed loans through commercial lenders at rates set by those lenders.  To access an interactive online, step-by-step guide through the farm loan process, visit the Loan Assistance Tool on farmers.gov.

    Commodity and Storage Facility Loans

    Additionally, FSA provides low-interest financing to producers to build or upgrade on-farm storage facilities and purchase handling equipment and loans that provide interim financing to help producers meet cash flow needs without having to sell their commodities when market prices are low.  Funds for these loans are provided through the Commodity Credit Corporation (CCC) and are administered by FSA.

    Commodity Loans(less than one year disbursed): 5.125%

    Farm Storage Facility Loans:

    ◦Three-year loan terms: 3.875%

    ◦Five-year loan terms: 4.000%

    ◦Seven-year loan terms: 4.250%

    ◦Ten-year loan terms: 4.500%

    ◦Twelve-year loan terms: 4.625%

    Sugar Storage Facility Loans(15 years): 4.750%         

    More Information

    To learn more about FSA programs, producers can contact their local USDA Service Center. Additionally, producers can use online tools, such as the Loan Assistance Tool and Debt Consolidation Tool to explore loan options.

  • Disaster Assistance to CA Farmers/Producers Impacted by Wildfires & Drought

    California agricultural operations have been significantly impacted by the wildfires and ongoing, severe drought. The U.S. Department of Agriculture (USDA) has technical and financial assistance available to help farmers and livestock producers recover. Impacted producers should contact their local USDA Service Center to report losses and learn more about program options available to assist in their recovery from crop, land, infrastructure and livestock losses and damages.

    “Production agriculture is vital to the California economy, and USDA stands ready to assist in the recovery from these wildfires and extreme drought conditions,” said Gloria Montaño Greene as Deputy Under Secretary for Farm Production and Conservation (FPAC). “I assure you that USDA employees are working diligently to deliver FPAC’s extensive portfolio of disaster assistance programs and services to all impacted agricultural producers.”

    USDA Disaster Assistance for Wildfire and Drought Recovery

    Producers who experience livestock deaths due to wildfires may be eligible for the Livestock Indemnity Program (LIP).

    Meanwhile, for both wildfire and drought recovery,  the Emergency Assistance for Livestock, Honeybees, and Farm-Raised Fish Program (ELAP) provides eligible producers with compensation for feed losses as well as water hauling expenses associated with transportation of water to livestock. For ELAP, producers will need to file a notice of loss within 30 days and honeybee losses within 15 days.

    Livestock producers may also be eligible for the Livestock Forage Disaster Program (LFP) for 2021 grazing losses due to drought. LFP benefits may be available for loss of grazing acres due to wildfires on federally managed lands on which a producer is prohibited, by a federal agency, from grazing normally permitted livestock. FSA maintains a list of counties eligible for LFP and makes updates each Thursday.

    Additionally, eligible orchardists and nursery tree growers may be eligible for cost-share assistance through the Tree Assistance Program (TAP) to replant or rehabilitate eligible trees, bushes or vines lost during the drought. This complements Noninsured Crop Disaster Assistance Program (NAP) or crop insurance coverage, which covers the crop but not the plants or trees in all cases. For TAP, a program application must be filed within 90 days.

    “Once you are able to safely evaluate the wildfire or drought impact on your operation, be sure to contact your local FSA office to timely report all crop, livestock and farm infrastructure damages and losses,” said Jacque Johnson, Acting State Executive Director for the Farm Service Agency (FSA) in California. “To expedite FSA disaster assistance, you will likely need to provide documents, such as farm records, herd inventory, receipts and pictures of damages or losses”

    FSA also offers a variety of direct and guaranteed farm loans, including operating and emergency farm loans, to producers unable to secure commercial financing. Producers in counties with a primary or contiguous disaster designation may be eligible for low-interest emergency loans to help them recover from production and physical losses. Loans can help producers replace essential property, purchase inputs like livestock, equipment, feed and seed, cover family living expenses or refinance farm-related debts and other needs.

    Risk Management

    Producers who have risk protection through Federal Crop Insurance or FSA’s NAP should report crop damage to their crop insurance agent or FSA office. If they have crop insurance, producers should report crop damage to their agent within 72 hours of damage discovery and follow up in writing within 15 days. For NAP covered crops, a Notice of Loss (CCC-576) must be filed within 15 days of the loss becoming apparent, except for hand-harvested crops, which should be reported within 72 hours.

    “Crop insurance and other USDA risk management options are there to help producers manage risk because we never know what nature has in store for the future,” said Jeff Yasui, Director of RMA’s Regional Office that covers California. “The Approved Insurance Providers, loss adjusters and agents are experienced and well trained in handling these types of events.”

    Conservation

    Outside of the primary nesting season, emergency and non-emergency haying and grazing of Conservation Reserve Program (CRP) acres may be authorized to provide relief to livestock producers in areas affected by a severe drought or similar natural disasters. Producers interested in haying or grazing of CRP acres should contact their county FSA office to determine eligibility.

    The Emergency Conservation Program and Emergency Forest Restoration Program can assist landowners and forest stewards with financial and technical assistance to restore fencing, damaged farmland or forests.

    USDA’s Natural Resources Conservation Service (NRCS) is always available to provide technical assistance in the recovery process by assisting producers to plan and implement conservation practices on farms, ranches and working forests impacted by natural disasters.

    Long-term damage from wildfires and drought includes forage production loss in pastures and fields and increased wind erosion on crop fields not protected with soil health practices. Visit your local USDA Service Center to learn more about these impacts, potential recovery tactics, and how to take steps to make your land more resilient to drought in the future.

    “USDA can be a very valuable partner to help landowners with their recovery and resiliency efforts,” said Carlos Suarez, NRCS State Conservationist in California. “Our staff will work one-on-one with landowners to make assessments of the damages and develop approaches that focus on effective recovery of the land.”

    Assistance for Communities 

    Additional NRCS programs include the Emergency Watershed Protection (EWP) program, which provides assistance to local government sponsors with the cost of addressing watershed impairments or hazards such as damaged upland sites stripped of vegetation by wildfire, debris removal and streambank stabilization.

    Eligible sponsors include cities, counties, towns, or any federally recognized Native American tribe or tribal organization. Sponsors must submit a formal request (via mail or email) to the state conservationist for assistance within 60 days of the natural disaster occurrence or 60 days from the date when access to the sites become available. For more information, please contact your local NRCS office.

    “EWP provides immediate assistance to communities to mitigate potential hazards to life and property resulting from the fires and particularly the severe erosion and flooding that can occur after the fire,” Suarez said. “We can work with a local sponsor to help a damaged watershed so that lives and property are protected while preventing further devastation in the community.”

    In addition to EWP, Conservation Technical Assistance (CTA) is another valuable service that NRCS can provide following a wildfire. NRCS technical assistance can help fire victims with planning cost-effective post fire restoration practices.

    More Information

    On farmers.gov, the Disaster Assistance Discovery Tool, Disaster Assistance-at-a-Glance fact sheet, and Farm Loan Discovery Tool can help producers and landowners determine program or loan options. For assistance with a crop insurance claim, producers and landowners should contact their crop insurance agent. For FSA and NRCS programs, they should contact their local USDA Service Center.

  • FSA Adjusts Farm Loan, Disaster, Conservation and Safety Net Programs

    FSA Services Available by Phone Appointment Only: USDA’s Farm Service Agency (FSA) county offices are open by phone appointment only until further notice, and FSA staff are available to continue helping agricultural producers with program signups, loan servicing and other important actions. Additionally, FSA is relaxing the loan-making process and adding flexibilities for servicing direct and guaranteed loans to provide credit to producers in need. FSA Service Centers are open for business by phone appointment only. While our program delivery staff will continue to come into to the office, they will be working with our agricultural producers by phone and using email and online tools whenever possible.

    “FSA programs and loans are critical to America’s farmers and ranchers, and we want to continue our work with customers while taking precautionary measures to help prevent the spread of coronavirus,” FSA Administrator Richard Fordyce said. “We recognize that farm loans are critical for annual operating and family living expenses, emergency needs and cash flow through times like this. FSA is working to find and use every option and flexibility to provide producers with credit options and other program benefits.”

    FSA is delivering programs and services, including:

    • Farm loans;
    • Commodity loans;
    • Farm Storage Facility Loan program;
    • Disaster assistance programs, including signup for the Wildfire and Hurricane Indemnity Program Plus (this includes producers now eligible because of losses due to drought and excess moisture in 2018 and 2019);
    • Safety net programs, including 2020 signup for the Agriculture Risk Coverage and Price Loss Coverage programs;
    • Conservation programs; and
    • Acreage reports.

    Relaxing the Farm Loan-Making Process

    FSA is relaxing the loan-making process, including:

    • Extending the deadline for applicants to complete farm loan applications;
    • Preparing Direct Loans documents even if FSA is unable to complete lien and record searches because of closed government buildings. Once those searches are complete, FSA would close the loan; and
    • Closing loans if the required lien position on the primary security is perfected, even for loans that require additional security and those lien searches, filings and recordings cannot be obtained because of closed government buildings.

    Servicing Direct Loans

    FSA is extending deadlines for producers to respond to loan servicing actions, including loan deferral consideration for financially distressed and delinquent borrowers.

    FSA will temporarily suspend loan accelerations, non-judicial foreclosures, and referring foreclosures to the Department of Justice. The U.S. Attorney’s Office will make the determination whether to stop foreclosures and evictions on accounts under its jurisdiction.

    Servicing Guaranteed Loans

    Guarantee lenders can self-certify, providing their borrowers with:

    • Subsequent-year operating loan advances on lines of credit;
    • Emergency advances on lines of credit.

    FSA will consider guaranteed lender requests for:

    • Temporary payment deferral consideration when borrowers do not have a feasible plan reflecting that family living expenses, operating expenses and debt can be repaid; and
    • Temporary forbearance consideration for borrowers on loan liquidation and foreclosure actions.

    Contacting FSA

    FSA will be accepting additional forms and applications by facsimile or electronic signature. Some services are also available online to customers with an eAuth account, which provides access to the farmers.gov portal where producers can view USDA farm loan information and payments and view and track certain USDA program applications and payments. Customers can track payments, report completed practices, request conservation assistance and electronically sign documents. Customers who do not already have an eAuth account can enroll at farmers.gov/sign-in.

    FSA encourages producers to contact their county office to discuss these programs and temporary changes to farm loan deadlines and the loan servicing options available. For Service Center contact information, visit farmers.gov/coronavirus.

  • USDA Launches New Farmers.gov Features to Help with H2A Applications, Managing Loans

    (WASHINGTON, D.C., April 2019) – Agriculture Secretary Sonny Perdue announced today that the U.S. Department of Agriculture (USDA) launched two new features on farmers.gov to help customers manage their farm loans and navigate the application process for H2A visas.

    “Customer service is our top priority at USDA and these new features will help our customers as they manage their farm loans and navigate the H-2A temporary agricultural visa program,” said Secretary Perdue. “In my travels across the country, I have consistently heard people express a desire for greater use of technology in the way we deliver programs at USDA. As we adopt new technology, we are introducing simple yet innovative approaches to support our farmers, ranchers, producers, and foresters as they support the nation every day. It’s my goal to make USDA the most effective, most efficient, most customer-focused department in the entire federal government, and farmers.gov is a big step in that direction.”

    In 2018, Secretary Perdue unveiled farmers.gov, a dynamic, mobile-friendly public website combined with an authenticated portal where customers will be able to apply for programs, process transactions and manage accounts.

    Navigating the H-2A Visa Process:

    Focused on education and smaller owner-operators, this farmers.gov H-2A Phase I release includes an H-2A Visa Program page and interactive checklist tool, with application requirements, fees, forms, and a timeline built around a farmer’s hiring needs.

    You may view the video at this following link: youtu.be/E-TXREaZhnI

    The H-2A Visa Program – also known as the temporary agricultural workers program – helps American farmers fill employment gaps by hiring workers from other countries. The U.S. Department of Labor, U.S. Citizenship and Immigration Services, U.S. Department of State, and state workforce agencies each manage parts of the H-2A Visa Program independently, with separate websites and complex business applications.

    Over the next several months, USDA will collaborate further with the U.S. Department of Labor on farmers.gov H-2A Phase II – a streamlined H-2A Visa Program application form, regulations, and digital application process that moves producers seamlessly from farmers.gov website to farmers.gov portal to U.S. Department of Labor’s IT systems.

    Managing Farm Loans Online:

    The self-service website now enables agricultural producers to login to view loan information, history and payments.

    Customers can access the “My Financial Information” feature by desktop computer, tablet or phone. They can now view:

    • loan information;
    • interest payments for the current calendar year (including year-to-date interest paid for the past five years);
    • loan advance and payment history;
    • paid-in-full and restructured loans; and
    • account alerts giving borrowers important notifications regarding their loans.

    To access their information, producers will need a USDA eAuth account to login into farmers.gov. After obtaining an eAuth account, producers should visit farmers.gov and sign into the site’s authenticated portal via the “Sign In / Sign Up” link at the top right of the website.

    Currently, only producers doing business as individuals can view information. Entities, such as an LLC or Trust, or producers doing business on behalf of another customer cannot access the portal at this time, but access is being planned.

    Google Chrome, Mozilla Firefox or Microsoft Edge are the recommended browsers to access the feature.

    About farmers.gov:

    USDA is building farmers.gov for farmers, by farmers. Future self-service features available through the farmers.gov portal will help producers find the right loan programs for their business and submit loan documents to their service center.

    With feedback from customers and field employees who serve those customers, farmers.gov delivers farmer-focused features through an agile, iterative process to deliver the greatest immediate value to America’s agricultural producers – helping farmers and ranchers do right, and feed everyone.