2:58:06 PM PDT - Saturday, March 28th, 2020

Credit-strapped U.S. farmers to get coronavirus help with more flexible federal loans  

By Editor - Thu Mar 26, 1:22 pm

Farmers financially hurt by coronavirus will have an easier time getting federal loans after the U.S. Department of Agriculture announced on Thursday it will relax its loan process. USDA’s Farm Service Agency (FSA) said it also is extending deadlines for producers to deal with loans, including allowing financially troubled or delinquent farmers to be considered for loan deferral. As the rural sector struggles with volatile commodity prices, trade war woes, extreme weather patterns and now the spreading coronavirus pandemic, U.S. farmers have become increasingly reliant on the FSA for loan assistance

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Credit-strapped U.S. farmers to get coronavirus help with more flexible federal loans

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