TS Ag Finance closed a $3,450,000 loan with borrowers located in Colorado. The borrowers chose the one month reset variable interest rate product with a 25 year term and 25 year amortization, utilizing the Farmer Mac loan program. The initial interest rate is a monthly variable with semi-annual payments. The borrowers pledged 1,976 acres of potatoes, alfalfa and pasture as collateral and used the funds for the purchase of farmland and refinancing exiting real estate debt.