Resource Details

Agriculture, Business

Recourse Marketing Assistance Loans (MALs)

Recourse loans are Marketing Assistance Loans for which the commodity offered as collateral does not meet the quality eligibility requirements according to U.S. grading standards.

Recourse loans:
may not be delivered or forfeited to CCC in satisfaction of the loan indebtedness
must be repaid in full on or before the loan maturity date at principal plus interest only

Eligibility

The following are considered recourse loans:

high moisture corn and grain sorghum
acquired grain for high moisture corn or grain sorghum loans
distress loans on any commodity that is not stored in eligible storage
any commodity otherwise eligible for nonrecourse loan, but the commodity does not meet the quality eligibility requirements according to U. S. grading standards.

Related Resources

  • Agriculture, Arts & Culture, Child Care, Economic Development, Eldercare, Energy, Food & Beverage, Forestry & Paper, Native Peoples, Transportation, Workforce

    Wisconsin Cooperative Development Grant

    Wisconsin Economic Development Corporation

    The Wisconsin Economic Development Corporation (WEDC) is offering grants to support the development of new and existing cooperatives in Wisconsin, with a goal of fostering the success of current and future cooperatives by supporting planning and exploratory research in advance of making a large investment.

  • Business, Economic Development

    WI Brownfields Cleanup and Development Informational Website

    Wisconsin Department of Natural Resources

    Information and resources for cleaning up and redeveloping community blight into valuable property.

  • Agriculture

    WI Wildlife Damage Abatement and Claims Program

    Wisconsin Department of Natural Resources

    This program assists farmers when wildlife damages their agricultural crops.