A bill to amend the Consolidated Farm and Rural Development Act for the purpose of making Guam eligible for assistance under the Act.

Amends the Consolidated Farm and Rural Development Act to make the farmers and ranchers of Guam eligible for loans: (1) for water and soil conservation and waste disposal programs; (2) for farm operating expenses; and (3) for disaster relief. Provides for the establishment on Guam of a Farmers Home Administration office, and extends to Guam and to the Virgin Islands eligibility to receive information and assistance in rural development.