USDA Provides Payments of nearly $800 Million in Assistance to Help Keep Farmers Farming

Jim Rogers USDA

The U.S. Department of Agriculture (USDA) announced this week that distressed borrowers with qualifying USDA farm loans have already received nearly $800 million in assistance, as part of the $3.1 billion in assistance for distressed farm loan borrowers provided through Section 22006 of the Inflation Reduction Act (IRA). The IRA directed USDA to expedite assistance to distressed borrowers of direct …