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Archive for the ‘North Dakota Farm Loans’ Category

Agriculture Awards Available for North Dakota Students

Tuesday, February 22nd, 2011

The North Dakota Farm Bureau is offering scholarships to undergraduate and graduate students in any field of agriculture.

The NDFB is accepting applications for four different scholarships. This includes a general scholarship for any agriculture student, one dedicated to graduate students, the Farm Bureau Family Scholarship and the Becki Palmer Scholarship.

The Becki Palmer Scholarship is in memory of an NDFB worker who lost her battle to cancer. Palmer was a significant part of growing the NDFB scholarship program throughout her career.

All money stems from the NDFB Foundation that stresses the importance of future agriculture businesses. Scholarships help encourage youth into the field at technical and four-year colleges. If you are interested in donating money to future scholarships contact the NDFB Foundation at P.O. Box 2064 Fargo, N.D. 58107.

Applications are available here for scholarships and must be received no later than March 15, 2011. Contact Gail Bakko at gails@ndbf.org with any further questions.

For more information on agriculture scholarships contact Farm Plus today at 866-929-5585.

The AgCountry Farm Credit Services Offers Scholarships to Ag Students

Friday, February 4th, 2011

The AgCountry Farm Credit Services is providing 24 $1,000 scholarships to seniors looking to study agriculture at university or college level.

High school seniors in North Dakota and northwest and central Minnesota are eligible for scholarships from AgCountry Farm Credit Services. Students can be interested in the science, business or economical factors of the agriculture industry.

Students who are from farming families are also eligible for AgCountry Farm Credit Service scholarships. Candidates will be evaluated based on academics, personal attributes, vocational promise, leadership and financial need.

The application process requires transcripts, a completed application and essay. References and letters of recommendations are also needed for submission. Applications are due on March 1, 2011 and recipients will be chosen in April.

For more information and to download the application, visit agcountry.com.

Contact Farm Plus at 866-929-5585 for more information on agriculture scholarships and loans.

Impressive Numbers for SW North Dakota

Thursday, February 25th, 2010

In the current uncertain times, North Dakota farmers found comfort in the numbers and quality of crops.

From late August through September southwestern North Dakota farmers have seen the perfect warm weather for harvesting. Many farmers considered it one of the best harvest in years.

Producers had not only nice yields, but nice poundage as well. Most yields are between 40 and 60 bushels per acre with wheat.

Canola in the region also had high numbers, with reports of 2,000 to 2,800 per acre.

Although winter wheat harvesting is over, farmers are now working on the spring crops.

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.

North Dakota Disaster Program Extended

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.”

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.

Acres Removed From Program

Tuesday, December 8th, 2009

3 million acres of farmland are being taken out of the federal conservation program and may be tilled. The change has many environmentalists concerned about wildlife habitat, water quality and soil erosion.

39 million acres of farmland across the country are protected by the Conservation Reserve Program, but 3.4 million acres were taken out in September. The removal stems from present owners’ not renewing their contracts.

A change in the 2008 Farm Bill also caused the removal because the bill caps the program at 32 million acres.

Most of these acres are located in Texas, Kansas and Colorado. North and South Dakota, as well as Montana are also effected.

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.

Wheat Crops Low in Protein

Friday, October 30th, 2009

Farmers in North Dakota are enjoying the numbers of crops in the hopper but not the outcome of the crops.

Steve Hepper of Hubbard Feeds in Bismarck told KXN, “A lot of grain coming in receiving 13 and 12 protein wheat when go from 14 to 13 protein the range can be from 60-90 cents down… if getting 13 protein it’s a 90 cent discount at some elevators.”

Wheat in that range is worth $4.70 a bushel and these discounts have a huge impact on what farmers get paid for their crops. Hepper adds that farmers can get more for the crops if they hold on to wheat until after the harvest. “If look at futures - spreads between 20-30 cent spread from September to December - that tells us later down the road when need the wheat higher price..”

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.

Vets Recommend Anthrax Vaccines

Thursday, May 21st, 2009

After the heavy flooding this spring many officials fear that Anthrax may appear this summer within cattle herds. Anthrax outbreaks can easily occur in flood condition because the heavy rain conditions help the contaminated soil spread.
Officials suggest all cattle be vaccinated for Anthrax now.

Charlie Stoltenow of the North Dakota State University Extension Service said, “Producers should seriously consider vaccinating their animals before spring turnout this year.”

The worst time for Anthrax scares is during June. Often times animals within herds are found dead when not vaccinated.
Stoltenow assured the vaccine is not dangerous to humans or the animals. He suggested getting animals together for the vaccine before going to pasture. “Gathering up cattle in the summer for vaccinations is time-consuming, difficult and could have been prevented.”

If anthrax appears it can be quite costly because it lives in the soil for decades. The latest outbreak occurred in 2005 killing more than 500 cattle, bison, horses, sheep and llamas.

If you are interested in more information you can e-mail Stoltenow at charles.stoltenow@ndsu.edu

Are you looking for a farm loan? Now is a great time to get a low-rate farm loan for your farming needs. Contact Farm Plus today for more information regarding farm loans. Call 866-929-5585 or visit online.

North Dakota Land Value Increased in 2008

Thursday, May 7th, 2009

According to the Andrew Swenson at the North Dakota State University Extension Service, an acre of North Dakota cropland increased in value by 16 percent in 2008. The information comes from a survey conducted by the North Dakota Agricultural Statistics Service. An average acre of North Dakota cropland was about $925 by the end of 2008 compared to 2007.

The biggest increase was in the east-central region that is more than 30 percent. Value rose to an average of $961 an acre. The southeastern region is at $1,362 an acre. In the southwest and south-central regions there was only a 5 to 8 percent increase.
Although experts do not see a big increase this year with the current economic conditions, but now is the best time to invest in cropland.

For information on low rate agriculture loans, contact Farm Plus today. Call (866) 929-5585 or visit online for more information about agriculture loans.

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