Farm Service Agency: Update on the Farm Loan Portfolio

RCED-97-35 Published: Jan 03, 1997. Publicly Released: Jan 03, 1997.

Highlights

Pursuant to a congressional request, GAO provided selected information on the direct and guaranteed farm loan programs administered by the Department of Agriculture's Farm Service Agency (FSA), focusing on the: (1) levels of outstanding principal on active loans and amounts owed by delinquent borrowers as of September 30, 1996, compared with similar data as of September 30, 1995; and (2) losses on farm loans during fiscal year (FY) 1996.

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Topics

Agriculture and Food

Agricultural programsDebtDelinquent loansDirect loansFarm creditGovernment guaranteed loansLoan defaultsLoan repaymentsLossesFarm loans