United States-Farmers want a slice of the stimulus package.

UNITED STATES-FARMERS WANT A SLICE OF THE CAKE.

Four dairy state U.S. Senators are leading an effort urging the Obama Administration to address farm foreclosures. Sens. Russ Feingold (D-Wis.), Herb Kohl (D-Wis.), and Kirsten Gillibrand (D-N.Y.), and Sherrod Brown (D-Ohio) have written Agriculture Secretary Tom Vilsack and Treasury Secretary Tim Geithner to urge them to require banks and other financial institutions that have taken federal bailout funds to work with farmers to restructure farm loans to help keep them in their homes and businesses. They cite falling farm gate prices. They are asking for lending conditions that would mirror requirements that are already in place on farm loans supported by the USDA Farm Service Agency and the requirements being developed for home loans held by these same lenders that have taken bailout funds. Fourteen additional senators signed the letters.