BISMARCK, N.D. – North Dakota agriculture producers that experienced an operating shortfall in 2024 or 2025 are now eligible for the Bank of North Dakota (BND) 2026 Farm Financial Stability Loan Program.
Additional funding for the program was announced Tuesday by the North Dakota Industrial Commission. That group allocated an addition $100 million for the program, bringing the total to $500 million.
“Producers are facing an unusual convergence of challenges, from severe weather last summer to high input costs, trade policy uncertainty and low commodity prices. This additional loan funding ensures producers’ financial needs are supported for the 2026 growing season,” the Industrial Commission said in a joint statement. The Industrial Commission, comprised of Gov. Kelly Armstrong as chairman, Attorney General Drew Wrigley and Agriculture Commissioner Doug Goehring, oversees BND.
The funds from the program can be used to replenish working capital, term out operating carryover or restructure existing term debts, according to BND.
The application process, which is handled through local lenders, closes either on June 30 or when funding for the program is no longer available – whichever comes first.
