Ahrendsen, Bruce L.; Dixon, Bruce L.; Nwoha, Ogbonnaya John - Agricultural and Applied Economics Association - AAEA - 2006
The USDA's Farm Service Agency (FSA) serves as the nation's lender of last resort by providing direct loans to farmers unable to obtain credit at reasonable rates and terms. Annual loan losses have been substantial, averaging $576 million for fiscal 1994-2004. An econometric model using survey...