As the country edged closer Tuesday to a federal government shutdown, Walt Schweitzer worried about the two-party checks issued to young grain farmers, which can’t be cashed without the signature of the U.S. Farm Service Agency.
Farmers who use crop proceeds to collateralize FSA direct operating loans must split those checks for grain sold to the local elevator. Those checks will go uncashed as long as FSA signatories are furloughed, said Schweitzer, president of Montana Farmers Union. There were 1,142 Montana farmers with FSA direct operating loans last year. The money they’ve borrowed to pay for seed, fertilizer and other farm basics totaled $118.6 million.
“It’s frozen funds,” Schweitzer said. “These are people that are living on a shoestring, the young farmers.”
Wednesday marks the