By Jamie Martin
The U.S. Department of Agriculture (USDA) has released its loan interest rates for February 2025, effective starting February 3rd. These rates, offered through the Farm Service Agency (FSA), are designed to aid farmers in acquiring the capital necessary for various purposes including starting or expanding operations, purchasing equipment, and managing cash flow needs.
The rates for February include -
Additionally, the USDA provides low-interest loans for building or upgrading storage facilities and for purchasing handling equipment.
These loans aim to assist farmers in managing cash flow by allowing them to store commodities during periods of low market prices. Rates for commodity loans are set at 5.250%.
For long-term storage needs, the FSA offers -
Farmers interested in these opportunities can access more information through the USDA’s online Loan Assistance Tool or by contacting their local USDA Service Center.
This initiative reflects the USDA's commitment to supporting the agricultural sector by making funding more accessible and managing a range of agricultural programs.
Photo Credit: usda
Categories: National