U.S Department of Agriculture Farm Service Agency (FSA) Administrator Juan Garcia announces that the processing and disbursement of 2013 crop commodity loans has resumed.
The commodity loan programs provide interim financing to producers for agricultural commodities stored after harvest and then sold throughout the year. Crop year 2013 commodity loan-making was suspended Oct. 1, 2013, to make changes necessary to accommodate the automatic funding reductions known as sequester. Sequestration is mandated by the Budget Control Act of 2011.
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