Lending and Farm Program
Resource Guide For Veterans
Lending and farm program resource guide for veterans
released by Center for Rural Affairs
LYONS, NEBRASKA – With the average age of a U.S. farmer at nearly 60 years, and millions of acres expected to change hands over the next few years, many Americans are thinking about who the next generation of producers will be. Veterans could step in to fill the need, according to a white paper released today by the Center for Rural Affairs.
“Saluting Service: A Guide to Lending and Farm Program Resources for Veterans,” authored by Cora Fox, highlights the needs of America’s next generation of producers, which includes individuals who served their country and who are now pursuing a second career in agriculture.
“Awareness of U.S. Department of Agriculture farm programs and key provisions, particularly with regard to lending, is important for veterans transitioning from the military to a second career in agriculture,” said Anna Johnson, policy manager with the Center for Rural Affairs. “Veterans must know what programs are available, and how to utilize them to fit the needs of their farming operations.”
The white paper outlines farm programs that specifically target beginning and veteran farmers and ranchers, including Farm Service Agency loan programs and Natural Resources Conservation Service programs. Additionally, the author mentions programs and provisions that were added in the 2018 farm bill to help beginning farmers and ranchers.
“The impact of these programmatic changes is to be determined, but we recognize these changes reflect positive progress toward the removal of barriers for the next generation of producers,” Johnson said.
For more information and to view “Saluting Service: A Guide to Lending and Farm Program Resources for Veterans,” visit cfra.org/publications/SalutingService.
# # #
Established in 1973, the Center for Rural Affairs is a private, non-profit organization working to strengthen small businesses, family farms and ranches, and rural communities through action oriented programs addressing social, economic, and environmental issues.