In late October, the U.S. Department of Agriculture (USDA) announced they were establishing the U.S. Domestic Hemp Production Program, which basically creates a consistent regulatory framework around hemp production throughout the U.S. So with efforts underway to get this established, some wonder how farm credit associations will treat farm loans for hemp. Chairman/CEO of the Farm Credit Administration, Glen Smith, recently told …
Subcommittee Examines Credit Programs in the Farm Bill
Rep. Austin Scott (R-GA), Chairman of the House Agriculture Committee’s Subcommittee on Commodity Exchanges, Energy, and Credit, held a hearing to evaluate the effectiveness of farm bill authorized credit programs administered by the Farm Service Agency (FSA). This hearing is a continuation of the committee’s hearing series to set the stage for the next farm bill. Members of the committee …