Question

With all other considerations being the same, direct farm loan applications submitted to the Agency are to be processed:

a. By probability of success
b. For existing FSA customers before new customers
c. For the neediest customers first
d. In date order that the application is received.

Answer 1

Direct farm loan applications to the Agency are processed in the order they are received, aiming to ensure fairness and transparency in providing aid to farmers.

Step-by-step explanation:

Direct farm loan applications submitted to the Agency should be processed in the order that the application is received. Federal programs are designed to help farmers with support like price guarantees and crop insurance, which keep agricultural businesses viable and ensure consistent profits. These initiatives, rooted in historical efforts like those of President Roosevelt with the Agricultural Adjustment Act (AAA), serve both to stabilize the farming sector and secure the nation's food supply. Processing loans in the order received is a standard procedure that helps to maintain fairness and transparency in the distribution of assistance to farmers.