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Canton Daily Ledger WASHINGTON—Due to the national public health emergency caused by coronavirus disease 2019 (COVID-19), the U.S. Department of Agriculture announced the temporary suspension of past-due debt collections and foreclosures for distressed borrowers under the Farm Storage Facility Loan and the Direct Farm Loan programs administered by the Farm Service Agency (FSA). USDA will temporarily suspend non-judicial foreclosures, debt offsets or wage garnishments, and referring foreclosur...

"Not only is USDA suspending the pipeline of adverse actions that can lead to foreclosure and debt collection, we are also working with the Departments of Justice and Treasury to suspend any actions already referred to the applicable Agency. Additionally, we are evaluating ways to improve and address farm related debt with the intent to keep farmers on their farms earning living expenses, providing for emergency needs, and maintaining cash flow," Bonnie said. The temporary suspension is in plac...

Pierre, SD, USA / DRGNews Jan 27, 2021 1:09 PM Due to the national public health emergency caused by coronavirus disease 2019, the U.S. Department of Agriculture is temporarily suspending past-due debt collections and foreclosures for distressed borrowers under the Farm Storage Facility Loan and the Direct Farm Loan programs administered by the Farm Service Agency. USDA will temporarily suspend non-judicial foreclosures, debt offsets or wage garnishments, and referring foreclosures to the Depar...

2013, the start of obamas second term. china has gone after soybeans and because they are the worlds largest importer its definitely leaving a mark. the amount of soybeans filing up in storage is up 30% over last year. soybean and corn prices are down at least 10% since april. not only that, iowa farmers hold the most agricultural debt in the nation and some are having trouble getting operating loans while farm bankruptcies rose 30% last year in six key midwest states. but i heard president trum...