A proposal to allow lenders within the Farm Credit System to invest more in rural hospitals and other facilities has been scrapped by the federal government. Opponents feared it would allow them to overstep their lending authority, which is meant to target agriculture. Proponents claimed the proposal would have strengthened the rural communities that farmers rely upon. Click here for the full story
High-risk programs within the USDA fell short of targets for reducing improper payments last year, an internal audit found.
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The U.S. Department of Agriculture has created a new loan program to help small farmers, including growers who want to take advantage of the soaring interest in locally produced food.
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The federal Farm Service Agency has enacted new policies making its loans quicker and easier to obtain and terms more lenient for agricultural producers coping with severe drought.
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