Archived Outdoors

Loan program for agriculture storage

Written by
Wednesday, September 30, 2015

A program aimed at making it easier for farmers to upgrade their storage facilities — from barns to cold-storage to grain sheds — is expanding. 

The Farm Storage Facility Loan Program, administered by the U.S. Department of Agriculture’s Farm Service Agency, has approved more than 35,000 low-interest loans for new or upgraded storage facilities since 2000, totaling $2 billion. 

Now, eligibility has expanded to include hops, dairy products, meat, unprocessed poultry, eggs, floriculture and aquaculture. Commodities such as corn, wheat, renewable biomass and cold-stored fruits and vegetables were already eligible.

www.fsa.usda.gov/pricesupport.  

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