(Photo: U.S. Soybean Export Council)
FARGO, N.D. — The North Dakota Soybean Growers Association applauds the North Dakota Industrial Commission’s decision to add $100 million in funding to the Bank of North Dakota’s 2026 Farm Financial Stability Loan Program. The Industrial Commission oversees the Bank of North Dakota and is made up of Governor Kelly Armstrong, Attorney General Drew Wrigley, and Agriculture Commissioner Doug Goehring.
With this action, total support available to producers now reaches $500 million when combined with the 2026 Grain Inventory Loan Program.
“North Dakota producers continue to face real challenges, and we are encouraged to see state leaders step up with practical solutions,” said NDSGA President Justin Sherlock of Dazey. “These decisions matter to farm families, and supporting them needs to remain part of our routine, alongside our work on national policy.”
The 2026 Farm Financial Stability Loan Program is designed to assist producers with operating shortfalls from 2024 or 2025. Funds can be used to replenish working capital, restructure debt, or address other financial needs. The program is available through local lenders and will remain open through June 30, 2026, or until funding is fully committed.
NDSGA emphasizes the importance of continued collaboration between state leaders, lenders, and agricultural organizations to ensure producers have access to tools that support long-term stability.
For more information on the loan programs, visit the Bank of North Dakota at bnd.nd.gov.
Source: NDSGA
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