The USDA Farm Service Agency is accepting requests for marketing assistance loans and loan deficiency payments for eligible 2015 commodities. Marketing assistance loans and loan deficiency payments for the 2015 crop year become available to eligible producers beginning with harvest/shearing season and extending through a specific commodity’s final loan availability date. Marketing assistance loans and loan deficiency payments provide financing and marketing assistance for wheat, feed grains, soybeans and other oilseeds, pulse crops, rice, peanuts, cotton, wool, mohair and honey. Marketing assistant loans provide producers interim financing after harvest to help them meet cash flow needs without having to sell their commodities when market prices are typically at harvest time lows. A producer who is eligible to obtain a loan, but agrees to forgo the loan, may obtain an loan deficiency payment if such a payment is available.
For more information please visit the fsa’s website at www.fsa.usda.gov