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Loans available for handling equipment, portable storage

Loans available for handling equipment, portable storage

May 4, 2022
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    From Field to Fortune: How Niger’s Women Are Tackling a 60% Post-Harvest Loss in the Onion Sector

    From Field to Fortune: How Niger’s Women Are Tackling a 60% Post-Harvest Loss in the Onion Sector

    Beyond the Harvest: How Saturated Soils are Squeezing Profit from Root Crops

    Beyond the Harvest: How Saturated Soils are Squeezing Profit from Root Crops

    Mogilev’s Bounty: A Case Study in Maximizing Root Vegetable Yields Through Technology and Coordination

    Mogilev’s Bounty: A Case Study in Maximizing Root Vegetable Yields Through Technology and Coordination

    Carrots Cross Borders: How Russian Exports Meet International Phytosanitary Standards

    Carrots Cross Borders: How Russian Exports Meet International Phytosanitary Standards

    Ulyanovsk’s Agricultural Pivot: Reading the Signals Behind a 30% Drop in Sugar Beet

    Ulyanovsk’s Agricultural Pivot: Reading the Signals Behind a 30% Drop in Sugar Beet

    The Siberian Sugar Fortress: Efficiency, Import Substitution, and the Pain of Progress in Altai Krai

    The Siberian Sugar Fortress: Efficiency, Import Substitution, and the Pain of Progress in Altai Krai

    Mordovia’s Sugar Beet Surge: A Blueprint for Breaking Yield Barriers

    Mordovia’s Sugar Beet Surge: A Blueprint for Breaking Yield Barriers

    The Tyumen Model: Record Yields and Strategic Storage in a Volatile Global Food Market

    The Tyumen Model: Record Yields and Strategic Storage in a Volatile Global Food Market

    Beyond the Harvest: How Tatarstan’s Beet Success Fuels a Global Sugar Reckoning

    Beyond the Harvest: How Tatarstan’s Beet Success Fuels a Global Sugar Reckoning

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    • dron
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    Sowing Certainty, Reaping Risk: The High Stakes of Seed Integrity and Genetic Purity

    Sowing Certainty, Reaping Risk: The High Stakes of Seed Integrity and Genetic Purity

    The Double Blow: Analyzing the Systemic Risks Behind a Pumpkin Crop Collapse

    The Double Blow: Analyzing the Systemic Risks Behind a Pumpkin Crop Collapse

    The Water Spinach Specialist: A Blueprint for High-Value Specialty Crops and Cooperative Success

    The Water Spinach Specialist: A Blueprint for High-Value Specialty Crops and Cooperative Success

    Weathering the Storm: How Vietnamese Farmers and Traders Collaborate to Stabilize the Greens Market

    Weathering the Storm: How Vietnamese Farmers and Traders Collaborate to Stabilize the Greens Market

    Stavropol’s Borscht Belt: High-Yield Vegetable Harvest Reaches One-Third Completion

    Stavropol’s Borscht Belt: High-Yield Vegetable Harvest Reaches One-Third Completion

    Yakutia Defies the Odds: Harvest Data Reveals a Surge in Arctic Agriculture

    Yakutia Defies the Odds: Harvest Data Reveals a Surge in Arctic Agriculture

    Beyond the Subsidy: Unlocking True Productivity Gains in Ugandan Agriculture

    Beyond the Subsidy: Unlocking True Productivity Gains in Ugandan Agriculture

    A Double-Edged Sword: Soaring Chinese Cabbage Imports into Zabaykalsky Bring Heightened Biosecurity Risks

    A Double-Edged Sword: Soaring Chinese Cabbage Imports into Zabaykalsky Bring Heightened Biosecurity Risks

    Beyond the Field: How Cooperative-Led Education is Revolutionizing Garlic and Onion Production

    Beyond the Field: How Cooperative-Led Education is Revolutionizing Garlic and Onion Production

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  • NEWS
    From Field to Fortune: How Niger’s Women Are Tackling a 60% Post-Harvest Loss in the Onion Sector

    From Field to Fortune: How Niger’s Women Are Tackling a 60% Post-Harvest Loss in the Onion Sector

    Beyond the Harvest: How Saturated Soils are Squeezing Profit from Root Crops

    Beyond the Harvest: How Saturated Soils are Squeezing Profit from Root Crops

    Mogilev’s Bounty: A Case Study in Maximizing Root Vegetable Yields Through Technology and Coordination

    Mogilev’s Bounty: A Case Study in Maximizing Root Vegetable Yields Through Technology and Coordination

    Carrots Cross Borders: How Russian Exports Meet International Phytosanitary Standards

    Carrots Cross Borders: How Russian Exports Meet International Phytosanitary Standards

    Ulyanovsk’s Agricultural Pivot: Reading the Signals Behind a 30% Drop in Sugar Beet

    Ulyanovsk’s Agricultural Pivot: Reading the Signals Behind a 30% Drop in Sugar Beet

    The Siberian Sugar Fortress: Efficiency, Import Substitution, and the Pain of Progress in Altai Krai

    The Siberian Sugar Fortress: Efficiency, Import Substitution, and the Pain of Progress in Altai Krai

    Mordovia’s Sugar Beet Surge: A Blueprint for Breaking Yield Barriers

    Mordovia’s Sugar Beet Surge: A Blueprint for Breaking Yield Barriers

    The Tyumen Model: Record Yields and Strategic Storage in a Volatile Global Food Market

    The Tyumen Model: Record Yields and Strategic Storage in a Volatile Global Food Market

    Beyond the Harvest: How Tatarstan’s Beet Success Fuels a Global Sugar Reckoning

    Beyond the Harvest: How Tatarstan’s Beet Success Fuels a Global Sugar Reckoning

  • AGROTECHNOLOGY
    • All
    • Climate
    • Crop protection
    • digital (smart)
    • dron
    • Fertilizer
    • Research
    • weed
    Sowing Certainty, Reaping Risk: The High Stakes of Seed Integrity and Genetic Purity

    Sowing Certainty, Reaping Risk: The High Stakes of Seed Integrity and Genetic Purity

    The Double Blow: Analyzing the Systemic Risks Behind a Pumpkin Crop Collapse

    The Double Blow: Analyzing the Systemic Risks Behind a Pumpkin Crop Collapse

    The Water Spinach Specialist: A Blueprint for High-Value Specialty Crops and Cooperative Success

    The Water Spinach Specialist: A Blueprint for High-Value Specialty Crops and Cooperative Success

    Weathering the Storm: How Vietnamese Farmers and Traders Collaborate to Stabilize the Greens Market

    Weathering the Storm: How Vietnamese Farmers and Traders Collaborate to Stabilize the Greens Market

    Stavropol’s Borscht Belt: High-Yield Vegetable Harvest Reaches One-Third Completion

    Stavropol’s Borscht Belt: High-Yield Vegetable Harvest Reaches One-Third Completion

    Yakutia Defies the Odds: Harvest Data Reveals a Surge in Arctic Agriculture

    Yakutia Defies the Odds: Harvest Data Reveals a Surge in Arctic Agriculture

    Beyond the Subsidy: Unlocking True Productivity Gains in Ugandan Agriculture

    Beyond the Subsidy: Unlocking True Productivity Gains in Ugandan Agriculture

    A Double-Edged Sword: Soaring Chinese Cabbage Imports into Zabaykalsky Bring Heightened Biosecurity Risks

    A Double-Edged Sword: Soaring Chinese Cabbage Imports into Zabaykalsky Bring Heightened Biosecurity Risks

    Beyond the Field: How Cooperative-Led Education is Revolutionizing Garlic and Onion Production

    Beyond the Field: How Cooperative-Led Education is Revolutionizing Garlic and Onion Production

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Home storage

Loans available for handling equipment, portable storage

by Tatyana Ivanovich
May 4, 2022
in storage
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Loans available for handling equipment, portable storage

USDA will provide a new financing option to help farmers purchase portable storage and handling equipment. Farm Service Agency (FSA) Administrator Val Dolcini and Agricultural Marketing Service (AMS) Administrator Elanor Starmer announced changes to the Farm Storage Facility Loan (FSFL) program during a local and regional food roundtable in Columbus, Ohio.

The loans, which now include a smaller microloan option with lower down payments, are designed to help producers, including new, small and mid-sized producers, grow their businesses and markets, the agency said.

The program also offers a new “microloan” option, which allows applicants seeking less than $50,000 to qualify for a reduced down payment of five percent and no requirement to provide three years of production history. Farms and ranches of all sizes are eligible.

The microloan option is expected to be of particular benefit to smaller farms and ranches, and specialty crop producers who may not have access to commercial storage or on-farm storage after harvest. These producers can invest in equipment like conveyers, scales or refrigeration units and trucks that can store commodities before delivering them to markets. Producers do not need to demonstrate the lack of commercial credit availability to apply.

“Growing high-value crops for local and regional markets is a common entry point for new farmers,” Starmer said. “Since they often rent land and have to transport perishable commodities, a loan that can cover mobile coolers or even refrigerated trucks fills an important gap. These producers in turn supply the growing number of food hubs, farmers markets or stores and restaurants interested in sourcing local food.”

Earlier this year, FSA expanded the list of commodities eligible for Farm Storage Facility Loan. Eligible commodities now include aquaculture; floriculture; fruits (including nuts) and vegetables; corn, grain sorghum, rice, oilseeds, oats, wheat, triticale, spelt, buckwheat, lentils, chickpeas, dry peas, sugar, peanuts, barley, rye, hay, honey, hops, maple sap, unprocessed meat and poultry, eggs, milk, cheese, butter, yogurt and renewable biomass.

FSFL microloans can also be used to finance wash and pack equipment used post-harvest, before a commodity is placed in cold storage.

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