Category Archive

WASHINGTON – The U.S. Department of Agriculture (USDA) has announced loan interest rates for October 2024, which became effective Oct. 1, 2024. USDA Farm Service Agency (FSA) loans provide important access to capital to help farmers start or expand their farming operation, purchase equipment and storage structures or meet cash flow needs.            “I encourage our lenders and borrowers alike to work …

WASHINGTON – In the aftermath of Hurricane Helene, which devastated communities, homes, farms and businesses across parts of the Southeast, the U.S. Department of Agriculture (USDA) has deployed staff to assist with response and recovery efforts. Agriculture Secretary Tom Vilsack and Farm Service Agency Administrator Zach Ducheneaux traveled to Florida and Georgia with President Biden on Thursday to assess damage …

WASHINGTON – The U.S. Department of Agriculture (USDA) announced this week an investment of $1.7 billion for purchase of locally and regionally produced foods and domestically produced foods for emergency food assistance. These investments, made possible by the Commodity Credit Corporation (CCC), will help American producers by ensuring they have the certainty of access to local and regional markets as …

WASHINGTON – The U.S. Department of Agriculture (USDA) has announced an investment of nearly $121 million to advance research and Extension activities that aim to solve key challenges facing specialty crop and organic agriculture producers. The investment includes $70.4 million to support specialty crop production research across the United States and $50.5 million to support farmers and ranchers who grow and …

WASHINGTON – The U.S. Department of Agriculture (USDA) announced loan interest rates for September 2024, which became effective Sept. 1, 2024. USDA Farm Service Agency (FSA) loans provide access to capital to help producers start or expand their farming operation, purchase equipment and storage structures or meet cash flow needs.           “I encourage our lenders and borrowers alike to work with our …

WASHINGTON – The U.S. Department of Agriculture (USDA) has announced the launch of the Debt Consolidation Tool, an innovative online tool available through farmers.gov that allows producers to enter their farm operating debt and evaluate the potential savings that might be provided by obtaining a debt consolidation loan with USDA’s Farm Service Agency (FSA) or a local lender.   “Providing producers …

Ag imports in fiscal year (FY) 2025 are forecast at $212 billion, $8 billion over the FY 2024 forecast, according to the U.S. Department of Agriculture Economic Research Service and Foreign Agricultural Service Situation and Outlook Report. FY 2024 imports are forecast at $204 billion, $8.6 billion more than the $195.3 billion recorded for FY 2023 and $1.5 billion higher …

According to the U.S. Department of Agriculture Economic Research Service and Foreign Agricultural Service Situation and Outlook Report, U.S. agricultural exports in fiscal year (FY) 2025 are forecast at $169.5 billion, a decrease of $4 billion from the revised forecast for FY 2024. The decline is mostly attributed to lower unit values of soybeans, corn, cotton and beef. Ag Exports …

WASHINGTON – The U.S. Department of Agriculture (USDA) announced changes last week to the Farm Service Agency’s (FSA) Farm Loan Programs, effective Sept. 25, 2024 — changes that are intended to increase opportunities for farmers and ranchers to be financially viable. These improvements, part of the Enhancing Program Access and Delivery for Farm Loans rule, demonstrate USDA’s commitment to improving …

The U.S. Department of Agriculture (USDA) is seeking nominations from specialty crop stakeholders to serve on the Fruit and Vegetable Industry Advisory Committee (FVIAC). The deadline for nominations is Sept. 3, 2024. To help industry members through the nomination process, USDA will offer the following virtual office hours via Zoom: at https://www.zoomgov.com/j/16115836517. Thursday, August 15: 10 a.m. – 12 p.m. …