Posts in USDA
USDA Announces May '22 Lending Rates For Ag Producers

The U.S. Department of Agriculture (USDA) announced loan interest rates for May 2022, which are effective May 2, 2022. 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.

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USDA To Compensate Drought-Stricken Ranchers For Above Normal Costs To Haul Livestock To Forage

Due to the persistent drought conditions in the Great Plains and West, the U.S. Department of Agriculture (USDA) is offering additional relief through the Emergency Assistance for Livestock, Honeybees and Farm-raised Fish Program (ELAP) to help ranchers cover above normal costs of hauling livestock to forage or other grazing acres. This policy enhancement complements previously announced ELAP compensation for hauling feed to livestock. ELAP livestock and feed hauling assistance is retroactive for 2021 and will be available for losses in 2022 and subsequent years.

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