Lending for Livestock, Credit for Crops: Attaching the Security Interest

Lending for Livestock, Credit for Crops: Attaching the Security Interest

Agricultural producers typically utilize financing from lenders to fund their farming operation. Ordinarily, the lender loaning money will require the farmer to provide a security interest in crops, livestock, or equipment. As recently discussed in the first article...
Stuck in the Swamp? Overview of the Minimal Effect Exemption Under Swampbuster

Stuck in the Swamp? Overview of the Minimal Effect Exemption Under Swampbuster

The Food Security Act of 1985 (“1985 Farm Bill”) established the Highly Erodible Lands and Wetlands Conservation program that relates to the conservation of highly erodible lands and wetlands. The portion of the program that deals specifically with wetland...
Lending for Livestock, Credit for Crops: Attaching the Security Interest

Lending for Livestock, Credit for Crops: The Basics of Secured Transactions in Agriculture

Agricultural producers typically utilize financing from lenders to fund their farming operation. The USDA projects farm sector debt will be over $433 billion by the end of 2020. Borrowing large amounts of capital and incurring considerable debts in order to produce an...
Rule Change Alters Farm Service Agency Programs Eligibility and Payment Limits

Rule Change Alters Farm Service Agency Programs Eligibility and Payment Limits

By Drew Mitchell, Research Fellow, National Agricultural Law Center With the release of a new final rule, the Payment Limitation and Payment Eligibility Rule, many agricultural producers will soon see some important changes to the farm program. On August 24, 2020, the...
All American: ‘Made in the USA’ Labeling Proposed Rule Faces Scrutiny

All American: ‘Made in the USA’ Labeling Proposed Rule Faces Scrutiny

The comment period for the Federal Trade Commission’s (FTC) “Made in the USA” (MUSA) labeling proposed rule closed on September 14, 2020. The comments submitted raised several issues with the proposed rule. Namely, commenters are concerned about the applicability of...