By Sarah Campbell, USDA National Beginning Farmer and Rancher Coordinator · Oct 28, 2020
If you’re new to farming or ranching, access to capital is one of your biggest needs, whether it’s to purchase property or equipment, or to meet operating costs. USDA offers a variety of loans, which can help producers start or grow their operations.
We know the need is great, and we partnered with the Farm Credit Administration to hold a virtual lending summit, bringing together USDA and our commercial lending partners where we discussed ways to maximize opportunities for new farmers. During this event, a panel of beginning farmers and ranchers discussed their relationships with agricultural lenders and the Farm Service Agency (FSA) highlighting the importance of having a lender they can work with to grow their business.