Farm Credit Statement on USDA Payments to Distressed Borrowers


WASHINGTON, D.C. – Farm Credit Council President and CEO Todd Van Hoose made the following statement today.

“Farm Credit welcomes the details shared by Secretary Vilsack today. As active partners with USDA on FSA guaranteed loans, Farm Credit lenders will work closely with USDA and FSA to ensure this debt relief provides the intended assistance to distressed borrowers.”

About Farm Credit: Farm Credit supports rural communities and agriculture with reliable, consistent credit and financial services, today and tomorrow. It has been fulfilling its mission of helping rural America grow and thrive for more than a century with the capital necessary to make businesses successful and by financing vital infrastructure and communication services.