The USDA announced higher limits for the department’s direct and guaranteed farm loans under the 2018 farm bill.
Raising limits for USDA guaranteed farm loans was a top ICBA priority during the debate over the farm bill, which raised guaranteed farm loan limits to $1.75 million, indexed to inflation.
The department also released an update on implementation of the farm bill following its enactment on Dec. 20, 2018. The update provides a title-by-title breakdown of implementation of the law, including policies on commodities, conservation, trade, and credit.
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View Update on Implementation