Finance and Credit – Page 2 – National Agricultural Law Center

In: Finance and Credit

Ag & the IRA: Debt Relief and Financial Assistance Provisions in the Inflation Reduction Act

In August 2022, Congress passed a $739 billion spending package known as the Inflation Reduction Act (“IRA”) of 2022. Of the...

Ag and Food Law Daily Update: August 30, 2022

A comprehensive summary of today’s judicial, legislative, and regulatory developments in agriculture and food. Email important additions HERE.        ...

Ag and Food Law Daily Update: July 14, 2022

A comprehensive summary of today’s judicial, legislative, and regulatory developments in agriculture and food. Email important additions HERE.        ...

Lending for Livestock, Credit for Crops: Strict Foreclosure

Many agricultural producers borrow money to successfully run their operations. Typically, the lender requires the borrower to give a security interest...

Lending for Livestock, Credit for Crops: Distribution of Proceeds

Many agricultural producers borrow money to successfully run their operations. Typically, the lender requires the borrower to give a security interest...

Protection for Buyers of Farm Products: A Primer on the Federal Farm Products Rule

The Food Security Act of 1985 (“FSA”) established a rule known as the federal farm products rule (codified as 7 U.S.C....

Lending for Livestock, Credit for Crops: Considering “Commercial Reasonableness”

Many agricultural producers borrow money to successfully run their operations. Typically, the lender requires the borrower to give a security interest...

Lending for Livestock, Credit for Crops: Manner and Methods of a Collateral Sale

Many agricultural producers borrow money to successfully run their operations. Typically, the lender requires the borrower to give a security interest...

USDA Payments: Relief for Negotiated Hogs

UPDATE: On March 18, 2022, the Farm Service Agency (“FSA”) published a notification to clarify hog eligibility, documentation requirements, and payment...

Resources for Underserved Communities: Highlight on Access to Credit

For decades, farmers in the BIPOC (Black, Indigenous, People of Color) and other underserved communities have been disproportionately affected by unfairly...

Lending for Livestock, Credit for Crops: Notice Requirements for Sale of Collateral

Many agricultural producers borrow money to successfully run their operations. Typically, the lender requires the borrower to give a security interest...

Lending for Livestock, Credit for Crops: Taking Possession of Collateral

Many agricultural producers borrow money to successfully run their operations. Typically, the lender requires the borrower to give a security interest...

Resources for Underserved Communities: Highlight on Heirs Property and Estate Planning

In February, USDA Secretary Tom Vilsack tweeted: “We will harness the vast and powerful resources of USDA to target underserved communities...

Lending for Livestock, Credit for Crops: When Default Occurs

Many agricultural producers borrow money to successfully run their operations. Typically, the lender requires the borrower to give a security interest...

An Intervention: Organization Seeks to Defend Minority Debt Relief Program

UPDATE: On December 8, 2021, the United States District Court for the Northern District of Texas denied the Federation’s motion to...

Pandemic Payments: Aid under Pandemic Livestock Indemnity Program

Recently, the U.S. Department of Agriculture (“USDA”) announced it is implementing a program for livestock and poultry producers who suffered unexpected...

Judge Certifies Two Classes in Lawsuit Challenging Minority Debt Relief Payments

In Miller v. Vilsack, five Texas farmers filed a lawsuit against the U.S. Department of Agriculture (“USDA”) alleging that its loan...