Home› New Mexico› MAL

MAL (Marketing Assistance Loan)Loan

FSA · New Mexico

Program Overview

Low-interest 9-month loans using your harvested crop as collateral. Lets you hold grain and sell when prices improve instead of dumping at harvest.

Program Details
Loan rates per bushel (e.g., corn ~$2.20/bu, soybeans ~$6.20/bu). Interest at posted rate.
Available after harvest through May 31 of the following year
Your local FSA office
Low-Medium
Required Documents
  • Photo ID
  • Warehouse receipts or on-farm storage certification
  • FSA farm number
Forms
  • CCC-666 (Loan Application)
Pro Tip: Most underused tool in farming. If you have grain storage, MAL lets you take a low-interest loan against your crop instead of selling at harvest lows.
Recent Awards in New Mexico
County Of Grant
$5.4M · Emergency Watershed Protection Program
New Mexico State University
$837,668 · Payments To Agricultural Experiment Stations Under The Hatch Act
New Mexico State University
$648,807 · Agricultural Research Basic And Applied Research
Navajo Technical University
$643,775 · 1994 Institutions Research Grants
Your Local FSA Office
FSA Chaves County Farm Service Agency
300 North Pennsylvania Avenue, Roswell, NM 88201
(575) 622-8745
Find more offices in New Mexico →
Frequently Asked Questions

Who may qualify for MAL in New Mexico?

Low-interest 9-month loans using your harvested crop as collateral. Lets you hold grain and sell when prices improve instead of dumping at harvest. Contact your local FSA office in New Mexico for specific eligibility requirements.

How much does MAL pay?

Value range: Loan rates per bushel (e.g., corn ~$2.20/bu, soybeans ~$6.20/bu). Interest at posted rate.. Actual amounts depend on your specific situation, crops, and acreage.

When is the MAL deadline?

Available after harvest through May 31 of the following year. Contact your local FSA office for the most current dates.

How do I apply for MAL in New Mexico?

Apply at Your local FSA office. Required forms: CCC-666 (Loan Application).

Related Programs in New Mexico
ARC-CO (Agriculture Risk Coverage — County)Subsidy
FSA · Annual election, typically March 15
PLC (Price Loss Coverage)Subsidy
FSA · Annual election, typically March 15
CRP (Conservation Reserve Program)Subsidy
FSA · General signup has periodic windows; Continuous CRP is always open for priority practices
NAP (Noninsured Crop Disaster Assistance)Subsidy
FSA · Application deadlines vary by crop, typically before planting
DMC (Dairy Margin Coverage)Subsidy
FSA · Annual enrollment, typically opens in fall for next year
Learn More at USDA →

Find All Programs You May Qualify For

Answer a few questions about your New Mexico farm and instantly see every subsidy, loan, and grant.

Try Subsidy Finder
Program information sourced from USDA. Eligibility described here is general guidance only. Confirm at your local FSA or NRCS office. FarmGrant is not affiliated with USDA.