USDA Announces a Near-Record Year for Farm Loans

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USDA Announces a Near-Record Year for Farm Loans
01/19/2018 02:07 PM EST

WASHINGTON, Jan. 19, 2018 – The U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) today announced another year of high activity in its farm loan programs. Hard-working farm families across the country accessed nearly $6 billion in new credit, either directly or guaranteed through commercial lenders in 2017. At year end, FSA was assisting more than 120,000 family farmers with loans totaling just over $25 billion.