Final answer:
A guaranteed fee for loans to a beginning farmer may vary based on lender policies and particular loan program terms. Often, these fees exist but can be reduced or waived for beginning farmers.
Step-by-step explanation:
The question pertains to whether a guaranteed fee is required for loans to a beginning farmer financed entirely with guaranteed loan funds. The specifics about guaranteed fees can vary based on the lender's policies, the regulations of the guaranteeing agency, such as the USDA's Farm Service Agency (FSA) for the United States, and the particulars of the loan program in question. Typically, loan guarantees have associated fees to compensate the guarantor for the risk taken. However, these fees might sometimes be reduced or waived for beginning farmers as an incentive to enter the industry. To provide an accurate answer, it would be important to consult the specific terms and conditions of the loan program in question.