A chart of grouped columns shows the percent of delinquent USDA loan balances by race for each fiscal year between 2015 and 2021. Black borrowers have the highest delinquency rate of any racial group: between 21% and 23% in any given year.
Black farmers far likelier to be delinquent
More than one fifth of USDA loan balances to Black farmers were delinquent between fiscal years 2015 and 2021, dwarfing delinquency rates for other races.
