What is the maximum financing amount typically available under the FSA’s Direct Operating Loan program?

The maximum financing amount available under the FSA’s Direct Operating Loan program is set at up to $400,000. This program is designed to provide operating loans to farmers for various needs such as purchasing livestock, equipment, feed, seed, and supplies necessary for agricultural production. The $400,000 limit is intended to ensure that producers can access sufficient capital to support their farming operations while maintaining responsible lending practices.

It is crucial for potential borrowers to understand this cap as it impacts their planning and financing strategies. This limit reflects a balance between providing enough financial support for operational expenses and managing risk for both the lender and borrowers in the agricultural sector.