Program Description

MALs provide producers interim financing at harvest time to meet cash flow needs without having to sell their commodities when market prices are typically at harvest-time lows. Recourse loans must be repaid at principal plus interest. The recourse loan commodity cannot be delivered or forfeited in satisfaction of the outstanding loan.

Marketing assistance loans for covered commodities are non-recourse because the commodity is pledged as loan collateral and producers have the option of delivering the pledged collateral to the Commodity Credit Corporation (CCC) in satisfaction of the repayment of the outstanding loan for the loan at maturity. A settlement value is determined and applied to the outstanding loan principal and interest at USDA/FSA.

General Program Requirements

Visit the local USDA/FSA to find a local office. It is best to contact the local office first to ensure necessary paperwork is brought to the office.

Your Next Steps

The following information will lead you to the next steps to apply for this program.

Application Process

Visit the local USDA/FSA to find a local office. It is best to contact the local office first to ensure necessary paperwork is brought to the office.

Program Contact Information

Kelly Dawson - Cotton
Program Manager
kelly.hereth@wdc.usda.gov
202-720-0448

Kathy Sayers - Peanuts
Program Manager
kathy.sayers@wdc.usda.gov
979-680-5155

DeAnn Allen - all other eligible commodities
Program Manager
deann.allen@wdc.usda.gov
202-720-9889

Additional Information

Catalog of Federal Domestic Assistance (CFDA) Number10.051
Current Method of Tribal EligibilityProgram not specific to American Indians and Alaska Natives, but they are eligible
Funding TypeMandatory
Matching Funds RequiredNo
Number of People Served by this Program (Approximate)La CCC expidió más de 43,000 préstamos en el año fiscal 2015
Length of ProgramFor most commodities, available after harvest until into the next calendar year. The loan term is 9 months
Recurring Base Funding for TribesNo

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