|Marketing Assistance Loans and loan deficiency payments continued for 2013 crop year|
The marketing assistance loan (MAL) and loan deficiency payment (LDP) provisions authorized in the Food, Conservation and Energy Act of 2008 (the 2008 Farm Bill) have been extended for the 2013 crop year with the passage of the American Taxpayer Relief Act of 2012.
MALs and LDPs provide financing and marketing assistance for wheat, rice, feed grains,
MALs provide producers interim financing at or after harvest to help them meet cash flow needs without having to sell their commodities when market prices are typically at harvest-time lows. A producer who is eligible to obtain a loan, but agrees to forgo the loan, may obtain an LDP if
For more information about marketing assistance loan and loan deficiency payments, please visit your FSA county office or FSA’s website at http://www.fsa.usda.gov/pricesupport.