Farm credit (1 - 10 of 58 items)
Financial Condition of American Agriculture
RCED-86-9: Published: Oct 10, 1985. Publicly Released: Jul 2, 2002.
GAO reviewed the financial condition of American agriculture to assess: (1) the trends in the economic environment surrounding the farm sector; (2) farmers' financial condition; and (3) the performance of financial institutions serving agriculture.GAO found that: (1) the financial condition of farmers has deteriorated rapidly since 1980; (2) the most severe financial problems are occurring in the...
Farm Programs: Changes to the Marketing Assistance Loan Program Have Had Little Impact on Payments
GAO-01-964: Published: Sep 28, 2001. Publicly Released: Nov 5, 2001.
Under the Department of Agriculture's (USDA) Marketing Assistance Loan Program, the federal government accepts harvested crops as collateral for interest-bearing loans (marketing assistance loans) that are typically due in nine months. When market prices drop below the loan rate (the loan price per pound or bushel), the government allows farmers to repay the loan at a lower rate and retain ownersh...
Farm Service Agency: Additional Actions Needed to Address Employee Conflict-of-Interest Issues
RCED-97-104: Published: Apr 25, 1997. Publicly Released: May 27, 1997.
GAO reviewed conflicts of interest in the Farm Service Agency's (FSA) farm loan program, focusing on the: (1) number of FSA's federal and nonfederal employees and county committee members who have FSA farm loans; (2) comparative size and repayment history of farm loans to FSA's federal employees, FSA's nonfederal employees, county committee members, and other FSA borrowers; (3) number of cases FSA...
Farm Programs: Efforts to Achieve Equitable Treatment of Minority Farmers
RCED-97-41: Published: Jan 24, 1997. Publicly Released: Feb 3, 1997.
Pursuant to a congressional request, GAO reviewed the Farm Service Agency's (FSA) efforts to conduct farm programs in an equitable manner, focusing on: (1) FSA efforts to treat minority farmers in the same way as nonminority farmers in delivering program services; (2) minority representation in county office staffing and on county committees in the counties with the highest numbers of minority far...
Food and Agriculture Issue Area--Active Assignments
AA-97-17(1): Published: Jan 2, 1997. Publicly Released: Jan 2, 1997.
GAO provided information on its active assignments in the Food and Agriculture issue area as of January 2, 1997...
Food and Agriculture Issue Area: Active Assignments
AA-96-17(4): Published: Sep 3, 1996. Publicly Released: Sep 3, 1996.
GAO provided information on its active assignments in the Food and Agriculture issue area as of September 3, 1996...
Farm Credit System: Analysis and Comment on Possible New Insurance Corporation Powers
GGD-96-144: Published: Aug 5, 1996. Publicly Released: Aug 5, 1996.
Pursuant to a legislative requirement, GAO reviewed the appropriateness and major advantages of three proposals to increase the Farm Credit System Insurance Corporation's (FCSIC) oversight powers over its Insurance Fund.GAO found that: (1) authorizing FCSIC to assess association capital would provide short-term additional protection to the Insurance Fund, investors, and taxpayers, but reasons for...
Rebuttal to the Cotton Council
RCED-96-117R: Published: Apr 24, 1996. Publicly Released: Apr 24, 1996.
Pursuant to a congressional request, GAO reviewed a National Cotton Council report that criticized a GAO review of the Department of Agriculture's (USDA) cotton program. GAO noted that the Council believes that the review was flawed because GAO: (1) used improper factors in evaluating program costs; (2) did not properly evaluate the benefits of the marketing loan program; (3) improperly evaluated...
Emergency Disaster Farm Loans: Government's Financial Risk Could Be Reduced
RCED-96-80: Published: Mar 29, 1996. Publicly Released: Mar 29, 1996.
GAO analyzed the financial condition of the Department of Agriculture's multi-billion dollar farm loan portfolio, focusing on: (1) the factors that contribute to the financial risk associated with these loans; and (2) the extent to which farmers attempted to minimize the need for farm loans by purchasing insurance to protect their farming operations.GAO found that: (1) since 1989, the Farm Service...
Payments to CO-OPs
RCED-96-64R: Published: Feb 22, 1996. Publicly Released: Feb 22, 1996.
GAO examined whether the Department of Agriculture's (USDA) procedures for making payments to cooperative marketing associations (Co-Ops) were adequate for ensuring that Co-Op member's payments stay within annual statutory limits. GAO found that: (1) USDA exercises little oversight over the marketing gains and loan deficiency payments received by individual Co-Op members; (2) USDA does not determi...