A Marketing Assistance Loan (MAL) is available for producers who share in the risk of producing an eligible commodity.
To be eligible, a producer must maintain continual beneficial interest in the eligible commodity.
Commodity loan eligibility also requires compliance with conservation and wetland protection requirements; beneficial interest requirements, acreage reporting, and ensuring that the commodity meets Commodity Credit Corporation minimum grade and quality standards.
FSA offers MALs on honey, wool & an assortment of grains, and other approved agricultural commodities.
Violating provisions of a marketing assistance loan may trigger administrative actions, such as assessing liquidated damages, calling the loan and denial of future farm-stored loans.
The most common violations are removing or disposing of a commodity being used as loan collateral without prior authorization and providing an incorrect quantity certification.
For more details on marketing assistance loans contact your FSA County office.