Credit-strapped U.S. farmers to get coronavirus help with more flexible federal loans
Story Date: 3/30/2020

 

Source: P.J. Huffstutter, REUTERS, 3/26/20

Farmers financially hurt by coronavirus will have an easier time getting federal loans after the U.S. Department of Agriculture announced on Thursday it will relax its loan process. USDA’s Farm Service Agency (FSA) said it also is extending deadlines for producers to deal with loans, including allowing financially troubled or delinquent farmers to be considered for loan deferral.

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