Carly Griffith Hotvedt, Associate Director of the Indigenous Food and Agriculture Initiative led the sixth webinar in our Farm Bill series. Parker discussed Title V of the Farm Bill, the credit title. Keep reading for an overview of Title V, its importance to Indian Country, information about our next webinar, and the link to Hotvedt's presentation slides.
Due to the capital-intense nature of farming and ranching, the Credit Title has long been an important part of the Farm Bill. Farming and ranching is a high-risk enterprise. Exposure to weather, climate and disaster events is always a possibility; and markets for food products and agriculture commodities can be impacted by local, national, and global events and seemingly unrelated policy decisions.
Many observers believe that due to the inherently risky nature and cyclical business cycles of farming and ranching that the government must always have a presence in the agricultural lending arena. The government’s presence in agricultural lending is normally evident through either the Farm Service Agency (FSA) of USDA or the Farm Credit System.
The USDA Farm Service Many observers believe that due to the inherently risky nature and cyclical business cycles of farming and ranching that the government must always have a presence in the agricultural lending arena.
The USDA Farm Service Agency has continued to extend or try to extend credit in Indian Country to support the growth and stability of Native-owned farms and ranches.
Our next webinar covering Title VI of the Farm Bill, the rural development title, will be livestreamed from our Facebook, LinkedIn, and Twitter pages on Friday, April 22nd at 3 pm EST. We hope to see you there!