USDA Farm Ownership and Operating Loan Lending Rates Announced
The U.S. Department of Agriculture (USDA) announced loan interest rates for March 2024, which are effective March 1, 2024. USDA’s Farm Service Agency (FSA) loans provide important access to capital to help agricultural producers start or expand their farming operations, purchase equipment and storage structures, or meet cash flow needs.
“I encourage our lenders and borrowers alike to work with our local offices and our cooperators to capitalize fully on the existing flexibilities in these important programs,” said FSA Administrator Zach Ducheneaux.