New Mexico farmers may be eligible for loans from the United States Department of Agriculture.
The USDA Rural Development state director, Terry Brunner, said the agency is going to award up to $100,000 to producers to add to the value of the commodities they produce.
The Value-Added Producer Program is intended to help producers develop and market their products. The money can be used for business plans, marketing or working capital.
Looking for a farm loan? Farm Plus has low-rate loans starting at 2.99%. Call us today at 866-929-5585 to speak with a representative or visit our website for more information.