FSA Loan Interest Rates Out for June
June 3, 2021
The USDA June 1 announced loan interest rates for June 2021, which are effective June 1. USDA’s Farm Service Agency (FSA) loans provide important access to capital to help agricultural producers start or expand their farming operation, purchase equipment and storage structures, or meet cash-flow needs. Interest rates for operating and ownership loans for June 2021 are as follows:
• farm operating loans (direct): 1.875%,
• farm ownership loans (direct): 3.250%,
• farm ownership loans (direct, joint financing): 2.500%,
• farm ownership loans (down payment): 1.500%, and
• emergency loan (amount of actual loss): 2.875%.
FSA also offers guaranteed loans through commercial lenders at rates set by those lenders.
Source: USDA FSA
USDA Launches Grant Program to Help Expand Regional Economies and Create High-Wage Jobs in Distressed Rural Communities
June 15, 2021 - United States Department of Agriculture (USDA) Rural Development Rural Business-Cooperative Service Administrator Karama Neal today unveiled a new grant program to help rural communiti...
USDA Announces Additional Aid to Ag Producers and Businesses in Pandemic Assistance for Producers Initiative
June 15, 2021 - Agriculture Secretary Tom Vilsack announced today additional aid to agricultural producers and businesses as part of the USDA Pandemic Assistance for Producers initiative. Earlier this...