The USDA has announced the loan interest rates for February of 2025, offering financial assistance to agricultural producers through the Farm Service Agency (FSA). The agency provides applicants with competitive rates to help farmers expand operations, purchase equipment, and meet financial needs.
Key rates include 5.1% for direct farm operating loans, 5.5% for direct farm ownership loans, and 1.5% for down payment loans. Additionally, emergency loans are available at 3.75%, and FSA also facilitates guaranteed loans through commercial lenders. Farmers can access an online Loan Assistance Tool for step-by-step guidance on the loan process.
FSA also offers commodity and storage facility loans to help producers manage cash flow and invest in on-farm storage upgrades.
Photo Credit: The USDA
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