NSAC Archives for the 'Farm Credit' Category
For Immediate Release: NSAC Comments on Proposed USDA Microloan Program
Wednesday, May 23rd, 2012
For Immediate Release May 23, 2012 Contact: Juli Obudzinski, 202-547-5754 NSAC Comments on Proposed USDA Microloan Program Washington, DC – Today, Agriculture Secretary Tom Vilsack announced a proposed rule for a new microloan program that would be part of the suite of credit options available to farmers through the Farm Service Agency (FSA). The new Read the Rest…
Path to the 2012 Farm Bill: House Credit Hearing
Thursday, May 10th, 2012
The House Agriculture Subcommittee held a hearing today, Thursday May 10th, to examine federal credit programs as they take up writing the 2012 Farm Bill. In addition to Chairman Fortenberry (R-NE-1) and Ranking Member Fudge (D-OH-11), Reps. King (R-IA-5), Crawford (R-AR-1), Baca (D-CA-43), and Pingree (D-ME-1) were also in attendance. The panel of witnesses were Read the Rest…
Farm Service Agency Continues Close Scrutiny of Loans to Contract Poultry and Hog Producers
Thursday, May 3rd, 2012
USDA’s Farm Service Agency (FSA) provides guaranteed loans and direct loans to farmers for the purchase or operation of their farms. FSA can provide lenders with a guarantee of up to 95 percent of the loss of principal and interest on a guaranteed loan. FSA has a duty, both to the public and to farmers Read the Rest…
Senate Committee Approves 2013 Agriculture Spending Bill
Friday, April 27th, 2012
On Thursday, April 26, while the Senate Agriculture Committee was busy passing their version of the 2012 Farm Bill, the Senate Appropriations Committee was also meeting to approve the Fiscal Year 2013 Agricultural Appropriations bill. The spending bill covers the majority of the functions of USDA as well as the Food and Drug Administration. We Read the Rest…
Path to the 2012 Farm Bill: Senate Markup – Beginning Farmers
Friday, April 27th, 2012
Note to Readers — This is the first in what will be a series of posts on the 2012 Farm Bill reported out of the Senate Agriculture Committee on April 26. The Senate Agriculture Committee voted the Agriculture Reform, Food and Jobs Act — the proposed name for the 2012 Farm Bill — out of Read the Rest…
House Sets Government Funding Allocations
Wednesday, April 25th, 2012
On April 19, we reported that the Senate Appropriations Committee had approved discretionary spending allocations for the coming 2013 fiscal year. The size of the total spending pie, as laid out by the Committee, was completely consistent with the levels set by law in the Budget Control Act of 2011. Today, the House Appropriations Committee Read the Rest…
Path to the 2012 Farm Bill: Senate Draft Farm Bill – Local Food and Rural Development Drilldown
Monday, April 23rd, 2012
Agricultural policy that bolsters community economic development serves as a cornerstone of NSAC’s advocacy. Within this framework, we support strong Rural Development programs that target small business development and job creation. Similarly, NSAC recognizes the economic opportunities inherent in food produced for local markets and thus urge Congress to address infrastructure and information barriers to Read the Rest…
Path to the 2012 Farm Bill: Senate Draft Farm Bill – Beginning Farmer Drilldown
Monday, April 23rd, 2012
Overall, while beginning farmers did not fair too poorly in the Senate draft farm bill that was released by the Senate Agriculture Committee last week, they were certainly far from being the highlight of this legislative package. There were some small wins for beginning farmers in the draft conservation and credit titles, which included provisions Read the Rest…
Loan Programs that Help Farmers Bridge the Conservation Cost-Share Gap
Thursday, April 12th, 2012
Background – Why there is a Gap USDA’s conservation programs, as well as numerous state conservation programs, provide financial resources for farmers to implement conservation practices that protect natural resources and the environment. Many of these programs fund only a share of the cost of implementing the practices, and hence are referred to as cost Read the Rest…
Conservation Loan Program Final Rule Shows Need for Revisions in the Next Farm Bill
Thursday, April 5th, 2012
Conservation Loan Program Final Rule This month, USDA’s Farm Service Agency (FSA) issued a final rule, effective May 18, 2012, for the Conservation Loan Program (CLP). The CLP was included in the 2008 Farm Bill as a stand-alone program to provide guaranteed and direct loans to farmers and ranchers to implement conservation practices. It has Read the Rest…
