Farmers Home Administration:
Farm Program Debt, Delinquencies, and Loan Losses as of June 30, 1987
RCED-88-134BR: Published: May 20, 1988. Publicly Released: May 20, 1988.
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In response to a congressional request, GAO provided information on the Farmers Home Administration's (FmHA) farm loan program, specifically the: (1) total state and national farm debt and the FmHA portion of the debt; (2) total number of loans, borrowers, and loan amounts for each major FmHA program; and (3) program loan delinquencies and losses.
GAO found that: (1) the FmHA loan portfolio was at risk because of continued delinquent loans and losses; (2) total farm debt from all lenders grew from $104 billion to over $210 billion between 1976 and 1985; (3) over the same period, FmHA farm debt increased from an estimated $5.5 billion to about $26.6 billion; (4) total farm debt decreased in 1986 to about $189.6 billion, while FmHA farm debt decreased slightly to about $26.6 billion; (5) as of June 1987, the FmHA direct loan portfolio for its major farm program was over $26 billion and consisted of 242,266 borrowers with 688,393 loans; and (6) delinquent loans in the FmHA major farm program rose from $164 million in 1976 to $7 billion in 1987. GAO also found that: (1) about 83,000 borrowers were delinquent in principal and interest payments on loans with an outstanding total principal of $13.3 billion; (2) about 33,000 borrowers have not made loan payments in over 3 years; (3) from 1978 through 1987, FmHA annual loan losses increased from about $41 million to over $1.1 billion for direct loans and from $277,000 to over $78 million for guaranteed loans; and (4) for the past 10 years, the greatest cumulative loan losses were in the emergency disaster and economic emergency programs.
Jan 15, 2021
Farmworkers:
Additional Information Needed to Better Protect Workers from Pesticide ExposureGAO-21-63: Published: Jan 15, 2021. Publicly Released: Jan 15, 2021.
Nov 20, 2020
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Food Safety:
CDC Could Further Strengthen Its Efforts to Identify and Respond to Foodborne IllnessesGAO-21-23: Published: Oct 21, 2020. Publicly Released: Nov 20, 2020.
Nov 16, 2020
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Farm Programs:
USDA Has Improved Its Completion of Eligibility Compliance Reviews, but Additional Oversight Is NeededGAO-21-95: Published: Oct 30, 2020. Publicly Released: Nov 16, 2020.
Sep 16, 2020
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Agriculture Spending:
Opportunities Exist for USDA to Identify Successes and Challenges of the Farmers to Families Food Box Program to Inform Future EffortsGAO-20-711R: Published: Sep 16, 2020. Publicly Released: Sep 16, 2020.
Sep 14, 2020
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USDA Market Facilitation Program:
Information on Payments for 2019GAO-20-700R: Published: Aug 21, 2020. Publicly Released: Sep 14, 2020.
Aug 10, 2020
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National Bio and Agro-defense Facility:
DHS and USDA Are Working to Transfer Ownership and Prepare for Operations, but Critical Steps RemainGAO-20-331: Published: Jul 10, 2020. Publicly Released: Aug 10, 2020.
May 7, 2020
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Food Safety:
FDA and USDA Could Strengthen Existing Efforts to Prepare for Oversight of Cell-Cultured MeatGAO-20-325: Published: Apr 7, 2020. Publicly Released: May 7, 2020.
Apr 13, 2020
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Priority Open Recommendations:
U.S. Department of AgricultureGAO-20-288PR: Published: Apr 6, 2020. Publicly Released: Apr 13, 2020.
Dec 23, 2019
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Nutrition Assistance Programs:
Agencies Could Do More to Help Address the Nutritional Needs of Older AdultsGAO-20-18: Published: Nov 21, 2019. Publicly Released: Dec 23, 2019.
Dec 6, 2019
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Imported Seafood Safety:
Actions Needed to Improve FDA Oversight of Import Alert Removal DecisionsGAO-20-62: Published: Nov 6, 2019. Publicly Released: Dec 6, 2019.
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