The USDA Farm Service Agency announced the Farm Service Agency loan interest rates that became effective today, August 1st. Farm Service Agency (FSA) loans provide important access to capital to help agricultural producers start or expand their farming operations, purchase equipment and storage structures, or meet cash flow needs.
Interest rates for Operating and Ownership loans for August 2024 include:
- Farm Operating Loans (Direct): 5.375%
- Farm Ownership Loans (Direct): 5.625%
- Farm Ownership Loans (Direct, Joint Financing): 3.625%
- Farm Ownership Loans (Down Payment): 1.625%
- Emergency Loan (Amount of Actual Loss): 3.750%
Contact your local FSA office for details.
