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Financing Measure Could Boost Farm Production in Food Deserts

First Lady Michelle Obama’s campaign against childhood obesity moved forward last Wednesday with her announcement that grocery chains have agreed to open or expand 1,500 stores in urban and rural “food deserts” nationwide.  She did not say who would be growing all the anticipated fruits and vegetables.

Many believe local farmers and businesses could help supply these retail outlets, and grow new jobs in the process, if provided more business development support.  America’s largest farm finance network, the Farm Credit System (FCS), is considering a proposed regulatory rule that could help deploy such expertise. Read more