By Lauren Moore, USDA
Spring planting is starting across the country when many agricultural producers are investing in their future. It is no doubt that farming and ranching is a capital-intensive business. From growing row crops to raising livestock or running a specialty operation, operating funds are essential. The stakes are even higher when it comes to purchasing a farm or ranch.
As farmers and ranchers continue to be impacted by natural disasters and the changing farm economy, farm loans become increasingly important. Fortunately, 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.
Farm loan programs from USDA’s Farm Service Agency (FSA) offer direct and guaranteed loans to farmers and ranchers to promote, build, and sustain family farms for a thriving agricultural economy. Here are just a few examples on how our farm loans have helped agriculture operations across the country. Continue reading