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Archive for February, 2010
Thursday, February 25th, 2010
The Minnesota Department of Agriculture’s economist, Su Ye released an annual report recapping Minnesota’s numbers from 2008.
According to the report in 2008 agriculture was the second largest industry in the state supplying over 1.5 million jobs.
The industry made $3 billion from cash receipts, most importantly corn and soybeans crops. This accounts for 60 percent of the sales. Livestock is attributed to the other 40 percent of sales. Hog sales brought in $2 billion, dairy brought in $1.7 billion and calves were accountable for $1.1 billion.
In 2008 Minnesota was the sixth largest producer in the nation with 81,000 farms in the state.
Inflation fears? Refinance with Farm Plus before farm loan rates rise. Farm loan rates starting at 2.99% with 25 year terms. See our rate sheet here or call, toll free, 866-929-5585.
Tags: Agriculture outlook, minnesota
Posted in Minnesota Farm Loans | No Comments »
Thursday, February 25th, 2010
Ohio producers interested in applying for the Environmental Quality Incentives Program (EQIP) must apply by Feb. 16, 2010.
The program is aimed to help producers pay for improvements or protection of natural resources on their land. The money will be handed out based on eligibility. Producers can use the money for implementing water conservation and other environmental-friendly improvements.
The Wildlife Habitat Incentives Program, Wetlands Reserve Program, Grassland Reserve Program and Farm and Ranch Lands Protection Program applications are also due on February 16.
All applications should be submitted to the local USDA Service Center.
Federal Reserve stated interest rates likely to rise. Refinance your farm loan before rates go up. Call a representative by dialing 866-929-5585 or visit us online.
Tags: conservation program dealines, ohio
Posted in Ohio Farm Loans | No Comments »
Thursday, February 25th, 2010
Wisconsin producers interested in applying for assistance through the Livestock Forage Disaster Program and/or Farm-Raised Fish and Livestock Indemnity must apply by January 30, 2010.
The Livestock Forage Disaster Program covers any livestock grazing losses due to drought or fire. Crops must be insured or part of the Non-insured Assistant Program. Only losses documented after January 1, 2008 are eligible.
Producers in Ashland, Barron, Bayfield, Burnett, Chippewa, Douglas, Dunn, Florence, Iron, Marinette, Oneida, Pierce, Polk, Price, Rusk, St. Croix, Sawyer, Taylor, Vilas and Washburn counties are eligible. Monthly payments will be equivalent to 60 percent of the cost of feeding costs.
Those who lost livestock, honeybees or fish due to weather conditions may be eligible for assistance through the Farm-Raised Fish and Livestock Indemnity. Only losses between Jan. 1 and Dec. 31, 2009 are eligible.
Contact your local Farm Service Agency office for more information.
Looking to refinance your farm loan before inflation hits? Farm Loan interest rates starting at 2.99% and terms up to 25 years. See our rate sheet or call 866-929-5585 to speak with a representative.
Tags: LFDP, Livestock Forage Disaster Program, wisconsin
Posted in Wisconsin Farm Loans | No Comments »
Thursday, February 25th, 2010
The Arkansas Farm Bureau has announced its support of Senator Blanche Lincoln’s bipartisan effort to regulate greenhouse gases.
The senator is working alongside Alaska Senator Lisa Murkowski to stop the Clean Air Act as a tool to regulate gas.
“Arkansas Farm Bureau is pleased that Sen. Lincoln is joining Sen. Murkowski in this effort,†said Arkansas Farm Bureau President Randy Veach in a press release. “It speaks volumes that the chair of the Senate Agriculture Committee is concerned enough to create a bipartisan effort to stop unneeded federal regulation that would make it more difficult and costly for farmers and ranchers to continue providing affordable food to Americans and the rest of the world.â€
Lincoln has proposed an alternate way to regulate the gases. In a statement she said, “We can make immediate gains to reduce carbon emissions by sending the President bipartisan clean energy legislation produced by the Senate Energy Committee,†Lincoln said. “This legislation, coupled with energy tax incentives, will reduce our dependence on foreign oil and incentivize renewable energy, all while improving the environment and creating much-needed jobs.â€
Farm loan rates starting at 2.99%. Lock in before farm loan rates rise. Contact Farm Plus by clicking here or calling toll free 866-929-5585.
Tags: arkansas, farm bureau, Senator
Posted in Arkansas Farm Loans | No Comments »
Thursday, February 25th, 2010
The Ohio Department of Agriculture is now accepting applications for The Clean Ohio Agricultural Easement Purchase Program (AEPP).
The AEPP is designed to protect and preserve Ohio’s farmland for future generations. Under this program farmland remains in private ownership and cannot be used for non-agricultural purposes in the future.
$6.25 million is available for the AEPP and those qualified can apply until April 26 at 5 p.m. Those interested can apply online here.
Inflation fears? Refinance with Farm Plus before farm loan rates rise. Farm loan rates starting at 2.99% with 25 year terms. See our rate sheet here or call, toll free, 866-929-5585.
Tags: AEPP, loans, ohio, usda
Posted in Ohio Farm Loans | No Comments »
Thursday, February 25th, 2010
Idaho producers interested in participating in the USDA’S Natural Resources Conservation Services program must apply by February 12, 2010 to receive assistance for the 2010 year.
As part of The Farm Bill, the program is designed for producers interested in protecting or improving natural resources on their land.
“Whether they’re interested in improving irrigation efficiency, improving wildlife habitat, protecting water quality or reducing erosion,†said Jeff Burwell, NRCS State Conservationist, “chances are, we have a program that can provide both technical and financial assistance for qualifying applicants.â€
In 2009 Idaho producers received $19 million in assistance.
Looking to refinance your farm loan before inflation hits? Farm Loan interest rates starting at 2.99% and terms up to 25 years. See our rate sheet or call 866-929-5585 to speak with a representative.
Tags: idaho, NRCS, usda
Posted in Idaho Farm Loans | No Comments »
Thursday, February 25th, 2010
The United States Department of Agriculture is awarding $310 million to improve or install broad-band Internet in 14 rural counties.
The high-speed Internet will be put in counties in Alaska, Missouri, Alabama and Iowa. The USDA plans for Internet access to bring jobs to the counties as well as training for employment.
The money will be used on specific proposed projects. Those interested in receiving money should apply by March 15 to their local Farm Service Agency office.
Inflation fears? Refinance with Farm Plus before farm loan rates rise. Farm loan rates starting at 2.99% with 25 year terms. See our rate sheet here or call, toll free, 866-929-5585.
Tags: alabama, Alaska, iowa, missouri, usda, Utilities
Posted in General | No Comments »
Thursday, February 25th, 2010
The Florida Farm Bureau has vocally announced its opposition to new water quality standards proposed by the U.S. Environmental Protection Agency.
The FFB feels that the new plan places an excessive water tax on citizens through an increasing sewer bill and will place a burden on Florida producers.
“For nearly a decade, Florida’s agricultural community has been proud to cooperate with other businesses and government agencies in the state’s Total Maximum Daily Loads program,†FFB President John L. Hoblick said in a news release. “The TMDL program, which established numeric nutrient criteria based on watersheds, has caused Florida to be recognized as a national leader in water quality protection and restoration. This action by EPA abruptly changes that.â€
The EPA’s plan puts a limit on phosphorous and nitrogen which are nutrients found in fertilizer and wastewater. The standards would decrease the amount of pollution in drinking water.
Federal Reserve stated interest rates likely to rise. Refinance your farm loan before rates go up. Call a representative by dialing 866-929-5585 or visit us online.
Tags: FFB, florida, water rights
Posted in Florida Farm Loans | No Comments »
Thursday, February 25th, 2010
The North Dakota Industrial Commissions voted to extend the deadline for producers to apply for disaster aid from 2009.
North Dakota producers experienced harsh weather all year long with excessive rainfall, flooding and freezing temperatures. Harvesting was pushed behind so far that producers are still figuring out numbers from the 2009 year.
Officials also blame the decline in beef prices for the delay.
Agriculture Commissioner Doug Goehring explained, “We have had record snowfall, major livestock losses, widespread flood damage and prevented planting, a late harvest and a collapsing market. All of this threw a curveball to producers who are now trying to market a smaller-than -expected calf crop and/or low-protein wheat. In either case, they cannot break even, and that’s causing a lot of anxiety.â€
Those who are eligible can receive up to $500,000 or 75 percent toward a loan for refinancing term debt.
Click here for more information.
Looking to refinance your farm loan before inflation hits? Farm Loan interest rates starting at 2.99% and terms up to 25 years. See our rate sheet or call 866-929-5585 to speak with a representative.
Tags: industrial commissions, loans, north dakota
Posted in North Dakota Farm Loans | No Comments »
Thursday, February 25th, 2010
Illinois residents in Knox County may be eligible for low-rate loans from the USDA to purchase homes or land in rural areas.
The entire county, aside from Galesburg, is eligible for rates that start as low as 4.875%. As part of the USDA rural development direct loan program, loans are available for those who cannot obtain loans from other creditors. These applicants must have good credit and can make mortgage payments.
Mortgage payments are set based on household income and varies from county to county.
For more information visit the Knox County Farm Service Agency.
Farm loan rates starting at 2.99%. Lock in before farm loan rates rise. Contact Farm Plus by clicking here or calling toll free 866-929-5585.
Tags: illinois, knox county, loans, usda
Posted in General | No Comments »
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