USDA to provide loans for precision agriculture technology – Future Farming


The PAL Act would set up the Precision Agriculture Mortgage program inside USDA’s Farm Service Agency. This method would supply low-value and sizey-time period loans to agriculture producers who Want to undertake precision agriculture utilized sciences however can’t afford to by way of conventional financing.

Prices of curiosity decrease than 2 %

It Might be The primary federal loan program devoted completely to precision agriculture. Rather than paying upwards of 5 % in curiosity, producers Can be eligible for Price of pursuits decrease than 2 % by way of The mannequin new program with loan time durations from 3 to 12 years in size. These loans would cowl any precision agriculture know-how that improves effectivity or reduces inputs.

Whether or not this Price of curiosity break guarantee Might have a widespread influence reprimarys to be seen. It is going to however be useful for huger farms already in a place And ready to make huge investments in precision agriculture know-how.


Collective Impact to Solve Food & Agriculture Challenges – Forbes

I’ve written of my want to see extra focus by the meals and agriculture know-how innovation ecosyste…….

Read More

Former Agriculture Secretary Dan Glickman Discusses Leadership, Politics, and Agriculture | News – Harvard Crimson

Former U.S. Secretary of Agriculture Dan Glickman converseed Regarding the evolution Of yank agricul…….

Read More

Australia’s farmers are not opposed to net zero emissions target, minister says – CNBC

Australia’s farmers Aren’t Against internet zero carbon emissions, however They want Do not want loc…….

Read More