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Archive for April, 2010

Eastern Idaho Gains Wind Farm

Friday, April 2nd, 2010

Blackfoot, Idaho will soon be the home of a 33-wind turbine farm stretched across 2,971 acres of farm land.

The proposal was approved by the Planning and Zoning committee at a meeting last week. The project was proposed by Western Energy of Utah. Melody Halstead, Planning and Zoning Administration told Idaho State Journal that no one opposed the idea at the meeting, but if an appeal is filed within ten days of the approval the project will be halted.

Wind farms are popping up across the country because they are an innovated way for farmers to add a new income from their land and make extra money. There are a variety of low-rate loans available from the USDA to cover expenses through programs such as the Rural Development Program. The government offers a number of subsidies as well for those generating renewable energy. For more information visit the USDA’s website.

Inflation fears? Refinance with Farm Plus before farm loan rates rise. Farm loan rates starting at 2.95% with 25 year terms. See our rate sheet here or call, toll free, 866-929-5585.

Idaho Senate Passes Poultry Bill

Friday, April 2nd, 2010

After California residents voted to tighten the regulations on poultry farms to avoid animal cruelty, Idaho’s senate is preparing for a large expansion of the state’s own poultry industry.

The Senate has passed a bill that restricts the size of poultry farms on the grounds of what impact it will have on the environment. Idaho leaders feel that many poultry farms will relocate from California to avoid the new law.

Senator Tim Corder (R-Mountain Home) and the chairman of the Senate Agricultural Affairs Committee proposed a 40-page bill on March 16. The bill asked that the poultry and swine regulations be moved from the Department of Environmental Quality and placed under the Idaho State Department of Agriculture.

As we go forward in these times, we find more and more groups that are critical of the state’s management of water quality and air quality, and we want to provide some assurances that we’re serious about that as a state and not only that, but the industry’s serious,” Corder said at Tuesday’s hearing

The bill puts a limit on the size of the farm, the permits allowed per poultry farm and groups the various operations across the state by size.

Looking to refinance while rates are at historic lows? Farm Plus has low-rate farm and ranch loans starting at only 2.95%. Call 866-929-5585 to speak with a representative or visit our website for more information.

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