Want to know why we have a a problem in this country? This is a chart published at NPR. Oh, and don’t let the word “native” in any of this fool you. It does not necessarily mean “indigenous”.
Black farmers have the lowest approval rate for USDA direct loans
An NPR analysis of USDA data looked at how many direct loans were accepted, rejected and withdrawn per racial group. Black farmers who applied for USDA direct loans in the 2022 fiscal year were approved at lower rates and rejected at higher rates than any other racial demographic.
- Black
- Asian American
- Unknown/prefer not to share
- More than one race/ethnicity
- Native American/Alaska Native
- White
- Pacific Islander/Native Hawaiian
Notes
Race and ethnicity data was self-reported on loan applications. Data as of Jan. 10.
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I’m going through some stuff but I will peek in now and then and will be back when it’s over..