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al years The low interest farm loans are intended to offset losses in farm income due to low crop yields and higher expenses.
According to Bob Williamson of the FSA, Congress may eventually supplement the loans with other forms of aid like reimbursement of transportation expenses, but currently Rappahannock farmers are only eligible for the low interest loans. According to Williamson, the FSA historically hasn’t received many applications for such loans in the past.
“Farmers generally have a lot of debt, and they aren’t usually interested in taking on more debt,” said Williamson.
94.5%