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Farm Service Agency

U.S. DEPARTMENT OF AGRICULTURE

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# Program Data

- Section Topics
- Farm Loan Programs Home
- Beginning Farmers and Ranchers Loans
- Emergency Farm Loans
- Farm Loan Servicing
- Farm Operating Loans
- Farm Ownership Loans
- Funding
- Guaranteed Farm Loans    - Guaranteed Loans Lender Toolkit
- Microloans
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- Native American Loans
- Program Data
- Youth Loans

Proudly serving America's farmers and ranchers since 1938, the Farm Service Agency's Farm Loan Programs continues its long tradition of providing "a financial safety net for America's farmers and ranchers to sustain economically viable agricultural production" its top priority. With USDA farm loan programs, "we keep America's agriculture growing."

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## **FY 2023 Funding Accomplishments:**

Executive Summary for Farm Loan Programs in Fiscal Year 2023 (PDF, 6 KB, September 30, 2023)

Loan Applications Received in Fiscal Year 2023 (PDF, 58 KB, September 30, 2023)

Socially Disadvantaged Lending, By State, in Fiscal Year 2023 (PDF, 11 KB, September 30, 2023)

Beginning Farmer Lending, By State in Fiscal Year 2023 (PDF, 11 KB, September 30, 2023)

Combined Beginning Farmer and Socially Disadvantaged Lending, By State, in Fiscal Year 2023 (PDF, 11 KB, September 30, 2023)

Veteran Farmer Lending, By State, in Fiscal Year 2023 (PDF, 80 KB, September 30, 2023)

Total Farm Loan Program Obligations, By State, for Fiscal Year 2023 (PDF, 11 KB, September 30, 2023)

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## **FY 2022 Funding Accomplishments:**

Executive Summary for Farm Loan Programs in Fiscal Year 2022 (PDF, 6 KB, September 30, 2022)

Loan Applications Received in Fiscal Year 2022 (PDF, 58 KB, September 30, 2022)

Socially Disadvantaged Lending, By State, in Fiscal Year 2022 (PDF, 11 KB, September 30, 2022)

Beginning Farmer Lending, By State in Fiscal Year 2022 (PDF, 11 KB, September 30, 2022)

Combined Beginning Farmer and Socially Disadvantaged Lending, By State, in Fiscal Year 2022 (PDF, 11 KB, September 30, 2022)

Veteran Farmer Lending, By State, in Fiscal Year 2022 (PDF, 84 KB, September 30, 2022)

Total Farm Loan Program Obligations, By State, for Fiscal Year 2022 (PDF, 11 KB, September 30, 2022)

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## **FY 2021 Funding Accomplishments:**

                            - Direct Farm Ownership loan obligations reached a  new highest  total -  $2.1 billion
                            - There was  no backlog  of approved, unfunded loans carried into FY 2022.

Executive Summary for Farm Loan Programs in Fiscal Year 2021 (PDF, 6 KB, September 30, 2021)

Loan Applications Received in Fiscal Year 2021 (PDF, 58 KB, September 30, 2021)

Socially Disadvantaged Lending, By State, in Fiscal Year 2021 (PDF, 11 KB, September 30, 2021)

Beginning Farmer Lending, By State in Fiscal Year 2021 (PDF, 11 KB, September 30, 2021)

Combined Beginning Farmer and Socially Disadvantaged Lending, By State, in Fiscal Year 2021 (PDF, 11 KB, September 30, 2021)

Veteran Farmer Lending, By State, in Fiscal Year 2021 (PDF, 85 KB, September 30, 2021)

Total Farm Loan Program Obligations, By State, for Fiscal Year 2021 (PDF, 11 KB, September 30, 2021)

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## **FY 2020 Funding Accomplishments:**

                            - Direct Farm Ownership loan obligations reached a  new highest  total -  $2.0 billion
                            - Guaranteed Farm Ownership loan obligations were the  highest  in Agency history reaching more than  $2.9 billion
                            - Obligations of Direct and Guaranteed Farm Ownership and Farm Operating loans exceeded FY 2019 and were the  highest  in Agency history, exceeding  $7.5 billion
                            - Direct and Guaranteed total loan assistance to Beginning Farmers reached an  all-new high  in Agency history -  $3.4 billion
                            - There was  no backlog  of approved, unfunded loans carried into FY 2021.

Executive Summary for Farm Loan Programs in Fiscal Year 2020 (PDF, 50 KB, September 30, 2020)

Loan Applications Received in Fiscal Year 2020 (PDF, 53 KB, September 30, 2020)

Socially Disadvantaged Lending, By State, in Fiscal Year 2020 (PDF, 56 KB, September 30, 2020)

Beginning Farmer Lending, By State in Fiscal Year 2020 (PDF, 56 KB, September 30, 2020)

Combined Beginning Farmer and Socially Disadvantaged Lending, By State, in Fiscal Year 2020 (PDF, 57 KB, September 30, 2020)

Veteran Farmer Lending, By State, in Fiscal Year 2020 (PDF, 71 KB, September 30, 2020)

Total Farm Loan Program Obligations, By State, for Fiscal Year 2020 (PDF, 57 KB, September 30, 2020)

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## **FY 2019 Funding Accomplishments:**

                            - Direct Farm Ownership loan obligations reached a  new highest  total -  $1.47 billion
                            - Guaranteed Farm Ownership loan obligations were the  4th highest  in Agency history reaching more than  $2.055 billion
                            - Obligations of Direct and Guaranteed Farm Ownership and Farm Operating loans exceeded FY 2018 and were the  3rd highest  in Agency history, exceeding  $5.7 billion
                            - Direct and Guaranteed total loan assistance to Beginning Farmers reached an  all-new high  in Agency history -  $2.7 billion
                            - There was  no backlog  of approved, unfunded loans carried into FY 2020.

Executive Summary for Farm Loan Programs in Fiscal Year 2019 (PDF, 50 KB, September 30, 2019)

Loan Applications Received in Fiscal Year 2019 (PDF, 53 KB, September 30, 2019)

Socially Disadvantaged Lending, By State, in Fiscal Year 2019 (PDF, 57 KB, September 30, 2019)

Beginning Farmer Lending, By State in Fiscal Year 2019 (PDF, 57 KB, September 30, 2019)

Combined Beginning Farmer and Socially Disadvantaged Lending, By State, in Fiscal Year 2019 (PDF, 57 KB, September 30, 2019)

Veteran Farmer Lending, By State, in Fiscal Year 2019 (PDF, 71 KB, September 30, 2019)

Total Farm Loan Program Obligations, By State, for Fiscal Year 2019 (PDF, 57 KB, September 30, 2019)

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## FY 2018 Funding Accomplishments:

                            - Direct Farm Ownership loan obligations reached  $1.1 billion  - the  highest  in Agency history.
                            - Guaranteed Farm Ownership loan obligations were the  3rd highest  in Agency history, reaching more than  $2.1 billion
                            - Obligations of Direct and Guaranteed Farm Ownership loans and Operating loans were the  4th highest  in Agency history, exceeding  $5.4 billion .
                            - 3rd highest  level of Direct and Guaranteed loan assistance to  Beginning Farmers  in Agency history.
                            - 4th highest  level of Direct and Guaranteed loan assistance in Agency history provided to  minority and women  farmers .
                            - There was  no backlog  of approved, unfunded loans carried into FY 2019.

Executive Summary for Farm Loan Programs in Fiscal Year 2018 (PDF, 54 KB, September 30, 2018)

Loan Applications Received in Fiscal Year 2018 (PDF, 57 KB, September 30, 2018)

Socially Disadvantaged Lending, By State, in Fiscal Year 2018 (PDF, 62 KB, September 30, 2018)

Beginning Farmer Lending, By State in Fiscal Year 2018 (PDF, 62 KB, September 30, 2018)

Combined Beginning Farmer and Socially Disadvantaged Lending, By State, in Fiscal Year 2018 (PDF, 63 KB, September 30, 2018)

Veteran Farmer Lending, By State, in Fiscal Year 2018 (PDF, 76 KB, September 30, 2018)

Total Farm Loan Program Obligations, By State, for Fiscal Year 2018 (PDF, 62 KB, September 30, 2018)

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## FY 2017 Funding Accomplishments:

                            - Obligations of Direct and Guaranteed Farm Operating and Farm Ownership loan funds were the  2nd highest  in Agency history, exceeding  $5.9 billion.
                            - A new record was set in Direct Farm Ownership loan obligations. Fiscal Year 2017 saw the  highest  level in Agency history - a whopping $1.04 billion! Even more impressive, FY 2017 represents the 4th consecutive year that a new obligation mark has been established.
                            - The  2nd highest  level of Guaranteed Farm Ownership obligations in Agency history. FSA guaranteed over $2.2 billion for farmers working with commercial lenders to purchase, improve, and expand their farms and ranches.
                            - The  2nd highest  level of Direct and Guaranteed loan assistance in Agency history was provided to minority and women farmers.
                            - The  2nd highest  level of Direct and Guaranteed loan assistance provided to Beginning Farmers in Agency history.

Executive Summary for Farm Loan Programs in Fiscal Year 2017

Loan Applications Received in Fiscal Year 2017

Socially Disadvantaged Lending, By State, in Fiscal Year 2017

Beginning Farmer Lending, By State in Fiscal Year 2017

Combined Beginning Farmer and Socially Disadvantaged Lending, By State, in Fiscal Year 2017

Veteran Farmer Lending, By State, in Fiscal Year 2017

Total Farm Loan Program Obligations, By State, for Fiscal Year 2017

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## FARM LOAN PROGRAMS LOAN SERVICING DATA:

Farm Loan Programs offers a wide range of loan servicing options to assist direct and guaranteed loan borrowers. These loan servicing options allow FSA to assist America’s farmers and ranchers while maintaining consistently low delinquency and loss rates, even as loan portfolios continue to grow.

Guaranteed Loan Executive Summary, as of FY 2022 (PDF, 74KB)

Direct Loan Executive Summary, as of FY 2022 (PDF, 74KB)

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Farm Service Agency

U.S. DEPARTMENT OF AGRICULTURE

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