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Bismarck, N.D. – The Industrial Commission on March 17, 2026, allocated an additional $100 million to support Bank of North Dakota’s (BND) 2026 Farm Financial Stability Loan Program. This brought total support to producers, including the 2026 Grain Inventory Loan Program, to $500 million. Applications for the program were accepted through late March 2026.
“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 in March 2026. The Industrial Commission, comprised of Gov. Kelly Armstrong as chairman, Attorney General Drew Wrigley and Agriculture Commissioner Doug Goehring, oversees BND.
The 2026 Farm Financial Stability Loan Program was designed for ag producers with an operating shortfall in 2024 or 2025. It could be used to replenish working capital, term out operating carryover or restructure existing term debts. The loans have a fixed interest rate of 3.75% for five years for BND’s share. The local lender’s share of the loan may not exceed BND’s Base Rate plus 1%.
The program was offered through BND, and ag producers were encouraged to consult with their local lender, who handled the application process. The program application period closed in March 2026.
Additional information at the following link: