USDA Announces February 2026 Lending Rates for Agricultural Producers

Feb 03, 2026

The U.S. Department of Agriculture (USDA) announced loan interest rates for February 2026, which are effective Feb. 1, 2026. USDA Farm Service Agency (FSA) loans provide important access to capital to help agricultural producers start or expand their farming operation, purchase equipment and storage structures or meet cash flow needs.

Operating, Ownership and Emergency Loans

FSA offers farm operating, ownership and emergency loans with favorable interest rates and terms to help eligible agricultural producers obtain financing needed to start, expand or maintain a family agricultural operation.

Interest rates for Operating and Ownership loans for February 2026 are as follows: 

Farm Operating Loans (Direct): 4.625%
Farm Ownership Loans (Direct): 5.750%
Farm Ownership Loans (Direct, Joint Financing): 3.750%
Farm Ownership Loans (Down Payment): 1.750%
Emergency Loan (Amount of Actual Loss): 3.750%

FSA also offers guaranteed loans through commercial lenders at rates set by those lenders. To access an interactive online, step-by-step guide through the farm loan process, visit the Loan Assistance Toolon farmers.gov.

Source : usda.gov

Video: Feeding Faba Bean to Pigs - Dr. Eduardo Beltranena

In this special rerun episode of The Swine it Podcast Show Canada, Dr. Eduardo Beltranena from North Carolina State University explains how faba beans can be used in pig diets as a source of both starch and protein. He discusses environmental benefits, inclusion rates, frost-damaged beans, tannin concerns, cultivar selection, and how producers can compare faba beans against cereals and protein meals for cost-effective feeding. Listen now on all major platforms!

"Faba beans provide both starch and protein, competing directly with cereals in swine diets."

Meet the guest: Dr. Eduardo Beltranena / eduardo-beltranena-61660a1b2 is an Assistant Professor and Extension Specialist at North Carolina State University. He holds a Ph.D. in nutrition and reproduction interactions from the University of Alberta and has worked across swine production, feed industry nutrition, contract research, government research, teaching, and extension. His work focuses on swine nutrition, regional feedstuffs, and practical feed formulation. Learn more from Dr. Eduardo Beltranena on The Swine it Podcast Show Canada, available on all major platforms.