FARM BUSINESS NEWS
USDA Unveils New Microloan Program
Marcia Zarley Taylor DTN Executive Editor
Tue Jan 15, 2013 02:02 PM CST

HADDONFIELD, N.J. (DTN) -- Traditional Farm Service Agency credit programs have been mothballed or terminated by uncertainty because of federal budgets and inaction on a permanent farm bill, but Agriculture Secretary Tom Vilsack pledged to ease some of that limbo today by announcing a new microloan program targeted at start-up farm operations.

In a press briefing with reporters, Vilsack noted a "remarkable" surge in credit at FSA, with beginning farmers accounting for 40% of the record 128,000 loans made by the agency during the past four years. Still, one barrier was that beginners needed at least three years of farming ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, researchers produce orange-colored corn with sight-saving capabi...
  • Strong Immunity Wins Two weeks after calving, cows lose body condition. But if she is short on nutrients, too, that dr...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Klinefelter: By the Numbers Farm lenders should halt their petty rivalry and focus on agriculture's best interest: Our nation...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • GOP Picks Conaway as House Ag Chairman The House Republican Steering Committee on Tuesday selected Rep. Michael Conaway, R-Texas, as the...
  • Head Start A Pennsylvania teen has two years of a farm-to-fork business under his belt and is looking to exp...
  • Woodbury: Farm Family Business One of the world's wealthiest families measures success not in dollars but in authenticity.
  • Ask the Vet A warning about bull breeding soundness.
Related News Stories
DTN Ag Summit
Ag Interest Rate Snapshot
View From the Cab
China May Import More Non-GMO Beans
Canada Committed to KXL
Minding Ag's Business
Minding Ag's Business
Rookies at Risk - 2
Klinefelter: By the Numbers
Lenders on Alert