National Ag News

Producers can get low interest government loans to build, upgrade or buy commodity storage facilities.  Farm Service Agency loans up to $50,000 can be secured by a promissory note, additional security is needed for loans of $50,000 to $100,000.  Interest rates for the loans this month range from 1.625 percent to 2.5 percent.

Producers do not need to demonstrate a lack of commercial credit to apply. There’s more information at local Farm Service Agency offices and online here.

Continue reading Loans available for commodity storage at Brownfield Ag News.