USDA Announces October Lending Rates for Producers

Jim Rogers Industry News Release, USDA

The U.S. Department of Agriculture (USDA) has announced loan interest rates for October. The USDA’s Farm Service Agency (FSA) offers farm ownership and operating loans with favorable interest rates and terms to help eligible agricultural producers, whether multi-generational, long-time, or new to the industry, obtain financing needed to start, expand or maintain a family agricultural operation. Interest rates for Operating and Ownership …

USDA’s New Crop Insurance for Tropical Storms Benefits Producers Impacted by Idalia

Jim Rogers USDA

WASHINGTON – The U.S. Department of Agriculture’s (USDA) recent expansion of its hurricane crop insurance policy to cover tropical storms this year has already provided farmers with $85.4 million to help them recover from Hurricane Idalia. USDA’s Risk Management Agency (RMA) rolled out the new Tropical Storm Option for its Hurricane Insurance Protection-Wind Index (HIP-WI) Endorsement earlier this year after …

USDA Launches Program to Support Producers, Farmworkers

Jim Rogers USDA

Southeast specialty crop growers should be aware that the U.S. Department of Agriculture Farm Labor Stabilization and Protection Pilot Program (FLSP) will award up to $65 million in American Rescue Plan Act funding to support agricultural employers in implementing robust labor standards that promote a safe, healthy work environment for both U.S. workers and workers hired from northern Central American …

USDA Announces September 2023 Lending Rates for Agricultural Producers

Jim Rogers USDA

WASHINGTON – The U.S. Department of Agriculture (USDA) announced loan interest rates for September 2023, which became effective Sept. 1, 2023. The USDA’s Farm Service Agency (FSA) loans provide important access to capital to help farmers start or expand their farming operation, purchase equipment and storage structures or meet cash flow needs.    Operating, Ownership and Emergency Loans   FSA offers farm ownership …

USDA Announces $72.9 Million in Grant Funding Awarded to Support U.S. Specialty Crop Producers

Jim Rogers USDA

WASHINGTON — The U.S. Department of Agriculture’s (USDA) Agricultural Marketing Service (AMS) announced on Wednesday that $72.9 million has been awarded to 55 states and territories through the Specialty Crop Block Grant Program (SCBGP). The grant program provides funding to enhance the competitiveness of specialty crops and support specialty crop growers through marketing, education and research. “USDA is excited to …

S.C. Farmers, Food Processors Seeking Organic Certification May Qualify for Grant Funding

Jim Rogers Organic, South Carolina

COLUMBIA – South Carolina farmers and food processors who want to pursue organic certification may qualify for reimbursement through a grant administered by the South Carolina Department of Agriculture (SCDA) and funded by the U.S. Department of Agriculture (USDA) Farm Service Agency. For some producers, organic certification can help reach new customers and align with existing ones. “This funding enabled …

August Lending Rates for Producers

Jim Rogers USDA

The U.S. Department of Agriculture (USDA) has announced loan interest rates for August 2023, which were effective Aug. 1. USDA’s Farm Service Agency (FSA) loans provide access to capital to help producers start or expand their farming operation, purchase equipment and storage structures or meet cash flow needs.    Operating, Ownership and Emergency Loans   The FSA offers farm ownership …

Crop Insurance Deadline Nears in Florida for Cabbage Growers

Jim Rogers Florida, USDA

The U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA) reminds Florida cabbage producers that the final date to apply for crop insurance coverage for the 2024 crop year is Tuesday, Aug. 15. Current policyholders who wish to adjust their existing coverage also have until the Aug. 15 sales closing date to do so. Federal crop insurance is critical to …