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EnVesting in an Agricultural Legacy: Design and Implementation of a Targeted Young and Beginning Farmer Loan Program in Arkansas

Author

Listed:
  • Goeringer, L. Paul
  • Goodwin, Harold L., Jr.
  • Dixon, Bruce L.
  • Popp, Michael P.

Abstract

U.S. agriculture has seen a decrease in of producers under the age of 35 entering agriculture for the past thirty years. This paper will explore the design and possible implementation of an innovative loan program designed give qualifying new young and beginning producers concessionary interest rates and loan fees for implementing of practices designed to improve on-farm profitability.

Suggested Citation

  • Goeringer, L. Paul & Goodwin, Harold L., Jr. & Dixon, Bruce L. & Popp, Michael P., 2013. "EnVesting in an Agricultural Legacy: Design and Implementation of a Targeted Young and Beginning Farmer Loan Program in Arkansas," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 143037, Southern Agricultural Economics Association.
  • Handle: RePEc:ags:saea13:143037
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    File URL: http://purl.umn.edu/143037
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    References listed on IDEAS

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    11. Nwoha, Ogbonnaya John & Ahrendsen, Bruce L. & Dixon, Bruce L. & Chavez, Eddie C. & Hamm, Sandra J. & Settlage, Daniel M. & Danforth, Diana M., 2005. "Farm Service Agency Direct Farm Loan Program Effectiveness Study," Research Reports 15772, University of Arkansas, Arkansas Agricultural Experiment Station.
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    Keywords

    young and beginning farmers; loan program; best management practices; Agribusiness; Agricultural Finance; Farm Management; Production Economics;

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