WASHINGTON — Agriculture Secretary Tom Vilsack has announced increased opportunity for producers as a result of the 2014 Farm Bill.
"Our nation's farmers and ranchers are the engine of the rural economy. These improvements to our Farm Loan Programs will help a new generation begin farming and grow existing farm operations," said Secretary Vilsack.
The Farm Bill expands lending opportunities for thousands of farmers and ranchers to begin and continue operations, including greater flexibility in determining eligibility, raising loan limits, and emphasizing beginning and socially disadvantaged producers.
Changes that will take effect immediately include:
* Elimination of loan term limits for. . .