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Posts tagged: Farm Loans

Secretary’s Column: The Farm Bill at Work in Your State

Last week, USDA marked the six-month anniversary of the signing of the 2014 Farm Bill. I am proud to say that we’ve made important progress on every title of the Farm Bill, including issuing disaster assistance payments, updating risk management tools, modifying farm loan programs, announcing new support for agricultural research, establishing new conservation programs, and much more.

My team and I at USDA have gathered together some top statistics that show how the Farm Bill is at work in your state—and the record results we’ve achieved this time around. For example: Read more »

Microloan Helps Navajo Couple Continue Farming Tradition

Marilyn and Erik Simpson returned to the Navajo Reservation in Torreon, N.M., to help Marilyn’s aging parents and to grow their own farming operation that would benefit their family.

Marilyn and Erik Simpson returned to the Navajo Reservation in Torreon, N.M., to help Marilyn’s aging parents and to grow their own farming operation that would benefit their family.

This post is part of a Microloan Success feature series on the USDA blog. Check back every Tuesday and Thursday as we showcase stories and news from USDA’s Farm Service Agency.

Marilyn Simpson grew up on the Navajo Reservation in Torreon, N.M., where she learned all about farming from her parents who raised sheep and cows.

The youngest of eight children, Marilyn left the reservation, and her parents, to go to college in Arizona. That’s also where she met her husband Erik. After graduating, she and Erik moved back to Torreon to help Marilyn’s parents. Read more »

Microloan Helps South Dakota Man Transition from Desk to Farm

David Hoff left his job to return to the farm and help his father. The Microloan helped Hoff acquire operating inputs when other lenders wouldn’t take a chance on him.

David Hoff left his job to return to the farm and help his father. The Microloan helped Hoff acquire operating inputs when other lenders wouldn’t take a chance on him.

This post is part of a Microloan Success feature series on the USDA blog.  Check back every Tuesday and Thursday as we showcase stories and news from USDA’s Farm Service Agency.

For David Hoff, farming was in his blood.  It had been 14 years since he worked on his family’s South Dakota farm.  He went off to college, earned a degree in business, landed a position in sales and, over the next 10 years, held leadership positions in sales for several companies.  But he had been thinking long and hard about returning to the 2,000 acre farm and rejoining the family operation.

Then in 2012, Hoff received the sad news of his uncle’s death.  His uncle had farmed with Hoff’s father in Hutchinson County, S.D. for years.  That’s when Hoff decided to return and help his father with the farm.

“This was a big change for us. I was used to bringing home a paycheck every two weeks and now that was going to change in a big way,” said Hoff. “There are no guarantees in farming and you can’t write down what you are going to make each year. My wife likes to have a clear plan and that was a challenge for her to overcome.” Read more »

Roots Planted for the Farm Service Agency

Six.

That’s the total number of name changes the Farm Service Agency has seen since its birth in 1933. With each change came new responsibilities, new programs and new incentives for farmers and ranchers to produce affordable food and fiber for U.S. consumers.

The 1929 stock market crash combined with the dust bowl of the 1930s merged into the Great Depression, which created high levels of unemployment and a long list of farm failures. President Franklin Delano Roosevelt was elected, promising Americans a New Deal. FDR stated in a speech that “A nation that destroys its soils destroys itself.” Read more »