Farmers may get loan deficiency payments

Davenport, Wash., July 18, 2016 – Current low prices mean Washington’s grain farmers may be eligible for a price support program available through the U.S. Department of Agriculture’s Farm Service Agency. Farmers need to sign a form at their local agency office before delivering their harvested crop to a warehouse or buyer, according to Judy Olson, Washington State Executive Director of the Farm Service Agency.

The 2014 Farm Bill authorizes the Agency to offer nonrecourse marketing assistance loans and loan deficiency payments to farmers who raise certain crops. With these marketing tools, far...