![]() Eligible crops include all crops for which federal crop insurance or NAP coverage was available except for crops intended for grazing. Provides a low-interest Government loan, made in conjunction with a loan from a commercial lender and borrower down payment, to help beginning, minority veteran, and women farmers purchase a farm or ranch.įor more information Down Payment Loan Program click here.ĮRP covers losses to crops, trees, bushes and vines due to a qualifying natural disaster event in calendar years 20. ![]() The focus of Microloans is on the financing needs of small, beginning farmer, niche and non-traditional farm operations, such as truck farms, farms participating in direct marketing and sales such as farmers’ markets, CSA’s (Community Supported Agriculture), restaurants and grocery stores, or those using hydroponic, aquaponic, organic and vertical growing methods.įor more information Direct MicroLoans click here. The funding comes from Congressional appropriations as part of the USDA budget.įor more information Direct Operating Loan click here. All FSA direct loans are financed and serviced by the Agency through local Farm Loan Officers and Farm Loan Managers. For new agricultural producers, FSA direct farm operating loans provide an essential gateway into agricultural production by financing the cost of operating a farm. No current or previous farm ownership requirements and 100 percent financing available make FSA direct farm ownership loans a valuable resource to help farmers and ranchers become owner-operators of family farms, improve and expand current operations, increase agricultural productivity, and assist with land tenure to save farmland for future generations.įor more information Direct Farm Ownership Loan click here.įSA’s Direct Farm Operating loans are a valuable resource to start, maintain and strengthen a farm or ranch. With FSA's Direct Farm Ownership loan, "we keep America's agriculture growing." The long-term goal of the program is to re-establish valuable land cover to help improve water quality, prevent soil erosion, and reduce loss of wildlife habitat. Contracts for land enrolled in CRP are 10-15 years in length. In exchange for a yearly rental payment, farmers enrolled in the program agree to remove environmentally sensitive land from agricultural production and plant species that will improve environmental health and quality. The Biomass Crop Assistance Program (BCAP) provides financial assistance to owners and operators of agricultural and non-industrial private forest land who wish to establish, produce, and deliver biomass feedstocks.ĬRP is a land conservation program administered by FSA. The effective price equals the higher of the market year average price (MYA) or the national average loan rate for the covered commodity.įor more information on ARC/PLC Program click here. ![]() PLC program payments are issued when the effective price of a covered commodity is less than the respective reference price for that commodity. ARC-CO payments are issued when the actual county crop revenue of a covered commodity is less than the ARC-CO guarantee for the covered commodity. The ARC-CO program provides income support tied to historical base acres, not current production, of covered commodities. Mary Dugger, Conservation, Price SupportįSA Administered Programs Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) Program.McKell Gregory, Loan Support Specialist.
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