The 2018 Farm Bill increased the amount that agricultural producers can borrow through direct and guaranteed loans from the USDA’s Farm Service Agency (FSA) and made changes such as micro and emergency loans. Farm loans help producers purchase farms or cover operating expenses.
“As natural disasters, trade disruptions and persistent pressure on commodity prices continue to impact agricultural operations, farm loans become increasingly important to farmers and ranchers,” FSA Administrator Richard Fordyce said. “The 2018 Farm Bill provides increased loan limits and more flexibility to farm loans, which gives producers more access to credit when they need it most.”
For more information, visit fsa.usda.gov or contact your local USDA service center.