Farm Bill Raises FSA Loan Guarantee Limit
MOUNT JULIET, Tenn. (DTN) — When President Donald Trump signs the farm bill into legislation on Thursday, one of several instant modifications is going to be a growth to Farm provider Agency loan guarantees and loans that are direct.
“the greatest thing is these provide more flexibility,” said Ed Elfmann, senior vice president for ag and rural baking policy during the American Bankers Association. “The greater amount of flexibility you’ll have, the higher, particularly since these operations develop bigger in dimensions. We must keep in mind that ag just isn’t — farms aren’t — small, small, family members operations like they had previously been. They truly are complex. They truly are numerous entities. They truly are growing in size and range.”