USDA loan rejections for Black and Asian farmers have soared since 2019
Black and Asian farmers had already been rejected for direct loans at higher rates than other farmers, but their rejections increased significantly under the Trump administration in fiscal year 2020 and the first partial year of the Biden administration.
Farmers rejected for direct USDA loans
Hispanic farmers
All non-White farmers
American Indian/Alaskan Native
White
Pacific Islander
Black 42%
40%
37%
Asian
30%
20%
20%
10%
10%
9%
4%
0%
2021
FY 2017
2018
2019
2020
Percentage of farmers rejected for direct USDA loans
Hispanic farmers
All non-White farmers
American Indian/Alaskan Native
White
Black 42%
Pacific Islander
40%
37%
Asian
30%
20%
20%
10%
10%
9%
4%
0%
2021
FY 2017
2018
2019
2020
Percentage of farmers rejected for direct USDA loans by demographic
42% Black
40%
37% Asian
30%
Hispanic
All non-White farmers
20%
20%
American Indian/
Alaskan Native
10%
10%
9% White
4%
Pacific Islander
0%
2021
FY 2017
2018
2019
2020
