Tuesday, March 10, 2009

FSA and Stimulus Dollars

Here's the press release from yesterday issued by USDA on use of stimulus dollars (I used Tinyurl because I've heard a complaint about the length of the urls USDA generates). It went out yesterday. Here's the FSA reference:
The Farm Service Agency (FSA) will use immediately $145 million of the $173 million provided in the Recovery Act for its Direct Operating Farm Loan Program, which will give 2,042 farmers – almost 50% are beginning farmers and 10% are socially disadvantaged producers - direct loans from the agency. These loans will be used to purchase items such as farm equipment, feed, seed, fuel and other operating expenses and will stimulate rural economies by providing American farmers funds to operate. Currently, farmers are struggling with the high costs of running family farms, seriously affecting beginning and socially disadvantaged producers.
But there's nothing on the money for FSA computers. It's not clear from the release whether the 2,042 farmers already have approved applications with the agency, but that would be my assumption. (Otherwise, how do you know the number and the demographics?)

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