USDA Administrator's Physical Loss Notification Impacts 11 Iowa Counties
Physical loss loans through the United States Department of Agriculture’s (USDA) Farm Service Agency (FSA)
Physical loss loans through the United States Department of Agriculture’s (USDA) Farm Service Agency (FSA)
Contact: FPAC.BC.Press@usda.gov
Emergency Support to Producers in Surrounding Counties/Border States Also Available
This Secretarial natural disaster designation allows the United States Department of Agriculture (USDA) Farm Service Agency (FSA) to extend much-needed emergency credit to producers recovering from natural disasters through emergency loans.
Morgantown, W.Va., July 9, 2020 – The United States Department of Agriculture’s (USDA) Farm Service Agency (FSA) today announced the acceptance of more than 1.2 million acres in the Conservation Reserve Program (CRP) Grasslands during the recent signup period that began March 16 and ended May 15. The number of acres offered during this signup period was 1.9 million acres, over 3 times the number offered during the last signup period in 2016.
This Secretarial natural disaster designation allows the United States Department of Agriculture (USDA) Farm Service Agency (FSA) to extend much-needed emergency credit to producers recovering from natural disasters through emergency loans. Emergency loans can be used to meet various recovery needs including the replacement of essential items such as equipment or livestock, reorganization of a farming operation or the refinance of certain debts.
WASHINGTON, May 4, 2020 – The U.S. Department of Agriculture (USDA) has started making payments through the Wildfire and Hurricane Indemnity Program – Plus (WHIP+) to agricultural producers who suffered eligible losses because of drought or excess moisture in 2018 and 2019.
This Secretarial natural disaster designation allows the United States Department of Agriculture (USDA) Farm Service Agency (FSA) to extend much-needed emergency credit to producers recovering from natural disasters through emergency loans.
Physical loss loans through the United States Department of Agriculture’s (USDA) Farm Service Agency (FSA) can help producers repair or replace damaged or destroyed physical property essential to the success of the agricultural operation, including livestock losses. Examples of property commonly affected include essential farm buildings, fixtures to real estate, equipment, livestock, perennial crops, fruit and nut bearing trees, and harvested or stored crops and hay.