If you’re in agriculture, then it’s important to stay abreast of the goings-on in the industry. The United States Department of Agriculture (USDA) is on the forefront of the latest stories and chronicles happening in the field. Here’s some of the latest news coming out of the USDA:

The USDA is investing in global food security as part of an agreement made by G8 countries in 2009 to commit to achieving sustainable global food security. The UN estimates that global populations will grow to 9 billion or more by 2050, and that today’s number of 795 million people dealing with food insecurity world-wide will also increase accordingly. The investments are used in a variety of ways. Read more here.

Local agriculture markets have grown in importance. The USDA is helping to foster further growth through investments in local and regional food systems. The idea is to create new economic opportunities for ranchers, new and experienced farmers and small food agribusinesses. Between 2009 and 2014, the USDA has spent over $800 million on such investments. Read more here.

Ag endeavors are conducted overwhelmingly in rural parts of the country, and many states are having trouble attracting veterinarians to look after the health of the livestock in rural areas. The USDA recently awarded $4.5 million to 49 U.S. veterinarians, through the Veterinary Medicine Loan Repayment Program (VMLRP), to help repay a portion of the veterinarian’s school loans in return for the vet’s work in rural areas. The program helps ensure veterinary services in rural areas in 26 states. Read more here.

At AgAmerica Lending, we offer an array ag loan products and land loans across the country, helping farms and ranches to develop and succeed with our low interest rates, long amortizations, and outstanding 10-year line of credit.

 

 

 

 




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