Senators Ask USDA for Extended Loan Flexibility

A bipartisan group of Senators including Minnesota Senator Amy Klobuchar, South Dakota Senator John Thune and North Dakota Senator Kevin Cramer sent a letter to Agriculture Secretary Sonny Perdue on Friday. The Senators asked the USDA to extend farm loan flexibilities through the end of the coronavirus pandemic.  They also asked the USDA to ensure fair access to credit during times of market uncertainty and to consider taking additional emergency actions like authorizing loan restructuring and loan balance write-downs. Read a full copy of the letter.