FSA operating loan shortfall imminent

FSA operating loan shortfall imminent

FIFTEEN farm and farm lending organizations have asked Congress to ensure that the Farm Service Agency (FSA) has the necessary funding to continue providing critical operating loans to approved farmers in the coming fiscal year.

Estimates are that FSA will be entering fiscal 2017 — which begins Oct. 1 — with a nearly $215 million backlog in farm operating loans from fiscal 2016, and no new borrowers can be considered until all previously approved b

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