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Vilsack to Announce New Loans for Beginners and Small Farms

Up To $35,000 Now Available in Microloans for Farmers

By , Farms.com

U.S Department of Agriculture Secretary Tom Vilsack will announce today that new loans are now available to those interested in starting a farming business or existing farmers looking to expand their small farming operations. The intent behind the microloans is to help small family-farms expand their businesses and allowing new entrants to farming a means to secure start-up financing.

The loans are also extended to veterans and socially disadvantaged farmers who may not otherwise qualify for traditional farms loans or loans from other programs offered by the U.S.D.A.

These loans can be used to produce organic crops that can be sold directly to farmers markets, buy delivery vehicles, seeds, tools, fertilizers and irrigation equipment, among other things. The new loan program uses a simplified application process which makes applying even easier.


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Farmers: Stop Letting Risk Steal Your Profit — These New Insurance Tools Change the Game

Video: Farmers: Stop Letting Risk Steal Your Profit — These New Insurance Tools Change the Game


Volatile markets. Unpredictable weather. Tight margins. Farming has never carried more risk—but now, you have smarter ways to protect your operation.
In this interview, Chris Corbett, Sales Manager at AGi3, breaks down a new generation of insurance solutions built specifically for today’s farm businesses: ForwardProtect — Protect your grain operation from the double hit of yield shortfalls and rising prices when forward contracts can’t be filled.
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If you’re serious about managing risk and protecting your bottom line, this is a must-watch.