Capital for Beginning Farmers and Ranchers Act of 2025

This bill creates a pilot program providing development loans to beginning farmers and ranchers for long-term capital investments that benefit their operations for more than one year, such as equipment, soil health improvements, or business setup. Loans are capped at $100,000 with interest rates of 0-3% and repayment terms of 3-10 years, requiring borrowers to complete training on farm management, bookkeeping, and risk planning. The program aims to address current limitations where beginning farmers face under-investment due to existing annual operating loans. The Secretary of Agriculture must evaluate the pilot and report biennially to Congress on its outcomes.