Capital for Beginning Farmers and Ranchers Act of 2025

This bill creates a pilot program for development loans to help beginning farmers and ranchers make long-term investments. It defines "development expenditures" to cover items like equipment, soil health improvements, business systems, and market access - things that benefit the farm beyond a single year. Loans under this program can be up to $100,000 with repayment terms of 3-10 years, interest rates of 0-3%, and require annual interest payments. The program also mandates borrower training on farm management, bookkeeping, and risk management, with evaluations and biennial reports to Congress.