Monday, September 01, 2014
   
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The Tunica Times • P.O. Box 308/986 Magnolia Street, Tunica, MS 38676

FSA News Commodity loan disbursements resume

WASHINGTON — USDA’s Farm Service Agency (FSA) Administrator Juan M. Garcia announced today that the processing and disbursement of 2013 crop commodity loans has resumed.

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 Balanced Budget and Emergency Deficit Control Act of 1985 as amended by the Budget Control Act of 2011.

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