USDA Expanding Loans to Small Farms - News, Sports and Weather

USDA Expanding Loans to Small Farms

Posted: Updated:

The U.S. Department of Agriculture is expanding their support to the nation's small and mid-sized farms and ranches.  And as FOX Montana's Cody Butler tells us, small producers here in Montana are already taking advantage of some of these programs.

The U.S. Department of Agriculture is expanding loans, providing more risk management and food safety tools for smaller scale producers across the country.  The USDA says it plans to spend $15 million more for hoop houses, which provide money-making opportunities by helping expand growing seasons on the farms that use them. Gallatin Grown Owner, Matt Rothschiller, has a hoop house to help him grow spinach all year.

"It helps us provide more food to our local community and helps with our cash flow in the Winter time when cash flow is obviously pretty small for small scale farmers," says Rothschiller.

Right now, Rothschiller is also in the middle of applying for a microloan, another program the USDA is expanding.  The program allows small and beginning farmers to access up to $35,000 to help unconventional farmers.

The USDA also says the smaller farms are eligible for a waiver,where they would not be required to have crop insurance to receive FSFL loans.    

In Bozeman, Cody Butler ABC/FOX Montana.

Powered by WorldNow


  • Sports
  • Community

  • Community
  • Powered by WorldNow
    All content © Copyright 2000 - 2014 WorldNow and Max Media. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.