USDA offers farmers e-loan payment service

The Agriculture Department now lets farmers request loan payments online and receive them automatically in their bank accounts.

USDA launched the Electronic Loan Deficiency Payment Service to eliminate the need for farmers to travel to USDA service centers to apply for the loans.

Marketing assistance loans and loan deficiency e-payments are available for producers of barley, canola, corn, rapeseed, soybeans, wool, mohair and many other commodities.

When local market prices are less than the marketing assistance loan rate, producers can choose to receive loan deficiency payments for their crops in lieu of marketing assistance loans.

Eligible farmers and ranchers are required to obtain an authentication certificate from the department.

They must fill out registration forms available online at www.sc.egov.usda.gov and visit an Agriculture service center to verify their identity.

About the Author

Mary Mosquera is a reporter for Federal Computer Week.

Featured

  • Records management: Look beyond the NARA mandates

    Pandemic tests electronic records management

    Between the rush enable more virtual collaboration, stalled digitization of archived records and managing records that reside in datasets, records management executives are sorting through new challenges.

  • boy learning at home (Travelpixs/Shutterstock.com)

    Tucson’s community wireless bridges the digital divide

    The city built cell sites at government-owned facilities such as fire departments and libraries that were already connected to Tucson’s existing fiber backbone.

Stay Connected