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Below you'll find a list of all posts that have been categorized as “USDA”
The U.S. Department of Agriculture (USDA) has announced loan interest rates for April, 2024, which became effective April 1. USDA’s Farm Service Agency loans provide 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 with our local offices …
The U.S. Department of Agriculture (USDA) has announced it intends to renew the charter of the Fruit and Vegetable Industry Advisory Committee (FVIAC). USDA is set to renew the committee’s charter for two years as required by the Federal Advisory Committee Act. The current charter expires on May 23, 2024. USDA invites those interested to submit comments on this notice. …
WASHINGTON – The U.S. Department of Agriculture (USDA) announced loan interest rates for March 2024, which became effective March 1, 2024. USDA’s Farm Service Agency (FSA) loans provide important 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 …
WASHINGTON — The U.S. Department of Agriculture (USDA) is expanding crop insurance tailored for nursery producers to all counties in all states. Nursery Value Select (NVS) is a pilot program that enables nursery growers to select the dollar amount of coverage that best fits their risk management needs. Its expansion is part of USDA’s Risk Management Agency (RMA) efforts to …
WASHINGTON – The U.S Department of Agriculture (USDA) published the report this week, Intent to Establish the Greenhouse Gas Technical Assistance Provider and Third-Party Verifier Program (PDF, 248 KB), authorized under the Growing Climate Solutions Act (GCSA). The GCSA was signed into law on December 29, 2022, as part of the Consolidated Appropriations Act of 2023. This report justifying the …
Production for 26 estimated vegetable and melon crops totaled 758 million cwt in 2023, an increase of 6% from 2022, according to the U.S. Department of Agriculture National Agricultural Statistics Service (NASS). The three largest crops were tomatoes, onions and sweet corn. They combined for 54% of all the vegetables total. The value of utilized production for vegetable crops in …
WASHINGTON – The U.S. Department of Agriculture’s (USDA) Economic Research Service released its annual Farm Sector Income Forecast report for 2024 last week. Agriculture Secretary Tom Vilsack issued the following statement following the release: “After the three highest consecutive years on record in 2021-2023, the first farm income forecast of 2024 indicates net farm income this year will return to …
Net farm income is expected to decrease by $39.8 billion in 2024, according to U.S. Department of Agriculture Economic Research Service (ERS) report titled: Farm Sector Income & Finances: Highlights from the Farm Income Forecast. Net farm income is projected to be $116.1 billion in calendar year 2024, a 25.5% drop compared to 2023 in nominal (not adjusted for inflation) …
WASHINGTON – The U. S Department of Agriculture (USDA) is issuing final Emergency Relief Program (ERP) payments totaling approximately $306 million to eligible commodity and specialty crop producers who incurred losses due to natural disasters in 2020 and 2021. USDA’s Farm Service Agency (FSA) started sending these additional payments to eligible producers last week. “In the natural disaster recovery process, every little …
WASHINGTON – The U.S. Department of Agriculture (USDA) announced loan interest rates for February 2024, which became effective Feb. 1, 2024. USDA’s Farm Service Agency (FSA) loans provide important 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 local offices …
