Consolidated Farm Service Agency


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Consolidated Farm Service Agency


Book Description

As of Mar. 31, 1995, the Consolidated Farm Service Agency outstanding principal for active direct and guaranteed farm loans to the nation's farmers totaled $17.8 billion. This report provides information on: levels of outstanding debt on active loans and amounts owed by delinquent borrowers as of Mar. 31, 1995; losses on farm loans from FY 1989 through Mar. 31, 1995; and new loans to borrowers who are delinquent and to borrowers whose past defaults resulted in losses. This report does not address the many management and policy issues associated with the federal farm loan program. Charts and tables.




USDA Telephone Directory


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Farm Service Agency


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The Farm Service Agency (FSA) of the U.S. Department of Agriculture has county offices that administer a variety of commodity, loan, conservation, & emergency disaster assistance programs. Since Dec. 1994, FSA has closed over 370 county offices & reduced its county office staff by about 28%. This report provides information on: the number of FSA county offices with 3 or fewer employees; the characteristics of these offices, including their proximity to another county office, their workload, the level of FSA program benefits delivered, the relative contribution of farming to total county income; & what criteria can affect county offices that will be closed or consolidated.




Debt Finance Landscape for U. S. Farming and Farm Businesses


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Income and wealth for farm bus. have changed noticeably this decade. Debt levels have been rising, asset levels have outpaced debt despite a recent fall in land prices, and equity has more than doubled for farm bus. However, recent declines in farm income and falling land prices have raised concerns about the financial position of U.S. farms. Total farm sector debt reached a record $240 billion in 2008, a $26 billion increase over 2007. Debt is expected to decline to $234 billion in 2009. In 1986, nearly 60% of farms used debt financing. By 2007, the number had dropped to 31%. In essence, farm debt has become more concentrated in fewer, larger farm businesses. Lenders and farm operators indicate that real estate accounts for the largest use of farm debt.







The Farmer's Lawyer


Book Description

With a new foreword by Willie Nelson "An exquisitely written American saga." --Sarah Smarsh The "remarkably well told and heartfelt" (John Grisham) story of a young lawyer's impossible legal battle to stop the federal government from foreclosing on thousands of family farmers. In the early 1980s, farmers were suffering through the worst economic crisis to hit rural America since the Great Depression. Land prices were down, operating costs and interest rates were up, and severe weather devastated crops. Instead of receiving assistance from the government as they had in the 1930s, these hardworking family farmers were threatened with foreclosure by the very agency that Franklin Delano Roosevelt created to help them. Desperate, they called Sarah Vogel in North Dakota. Sarah, a young lawyer and single mother, listened to farmers who were on the verge of losing everything and, inspired by the politicians who had helped farmers in the '30s, she naively built a solo practice of clients who couldn't afford to pay her. Sarah began drowning in debt and soon her own home was facing foreclosure. In a David and Goliath legal battle reminiscent of A Civil Action or Erin Brockovich, Sarah brought a national class action lawsuit, which pitted her against the Reagan administration's Department of Justice, in her fight for family farmers' Constitutional rights. It was her first case. A courageous American story about justice and holding the powerful to account, The Farmer's Lawyer shows how the farm economy we all depend on for our daily bread almost fell apart due to the willful neglect of those charged to protect it, and what we can learn from Sarah's battle as a similar calamity looms large on our horizon once again.




The Negro in American Agriculture


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Payment Limitation Provisions


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