USDA preparing to support distressed farmers

USDA preparing to support distressed farmers

Farmers facing financial hardships may have to wait until October before they find out if they will qualify for debt relief.

Ag Secretary Tom Vilsack says a moratorium is currently in place suspending debt collections, foreclosures, and other legal actions against FSA borrowers who are delinquent in their payments.

“We are certainly focused on making sure that we have in place ideas and thoughts about how to best proceed to help and assist those distressed farmers,” he says.

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