USDA Announces Greater Flexibility for Beginning and Socially Disadvantaged Farmers

The USDA Farm Service Agency has announced a new rule that expands loan opportunities for beginning and socially disadvantaged farmers and ranchers, while also establishing a new Land Contract Guarantee Program. The rule provides additional flexibility allowing FSA loan officers to consider all prior farming experience, including on-the-job training and formal education, when determining eligibility for FSA's farm operating and ownership loans.