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Archive for the ‘Washinton Farm Loans’ Category

Cranberries Expected in Near Record-Breaking Numbers

Wednesday, October 27th, 2010


Photo courtesy of Ecoki

The United States Department of Agriculture reported the nation’s cranberry crop is expected to be the second largest on record.

On average the USDA expects 7.35 million 100-pound barrels for 2010, which is up 6 percent from the 6.9 million barrels in 2009. The highest on record is 7.87 million barrels in 2008.

The biggest producers in the nation are Wisconsin and Massachusetts, but production in Oregon, New Jersey and Washington is expected to decline due to weather conditions.

Wisconsin is the largest producer in the country with 60 percent of the total crop. “We’ve had a real warm, wet growing season that has been good for cranberries,” Tom Lochner of the Wisconsin State Cranberry Growers Association told the Associated Press. Producers planted an additional 1,500 acres in 2010.

Massachusetts is also up 7 percent from 2009. “Considering the real challenges we’ve had this growing season…to be able to pull off a number like that is going to be pretty good,” Jeffrey LaFleur of the Cape Cod Cranberry Growers’ Association said.

In Oregon production dropped 10 percent and Washington experienced a 16 percent loss due to a wet, cold spring that pushed back harvest and reduced berry size. New Jersey also declined by 5 percent.

Though areas are expecting high yields, due to the decline in demand and large crop size farmers should expect a lower price. Cranberry organizations are doing everything they can to keep the price from dropping such as promoting the health benefits of cranberries and encouraging restaurants to use cranberries in their recipes.

Are you in the market for a farm or ranch loan? Contact Farm Plus today for information on our agriculture loans. Call 866-929-5585 to speak with a representative or visit our website for more information.

Small Farms Seek Government Assistance

Wednesday, October 6th, 2010

Washington farmers are reaching out to the government as many small farmers are having difficulty obtaining farm loans.

Small farmers feel that it’s harder to get private loans due to strict and new regulations from a number of national banks. It appears that larger operations, including warehouses and processors, have an easier time getting loans while small farmers are left hanging for funding.

Adolfo Alvarez, a Grandview, Washington farmer, feels the government should step up and help out smaller establishments. “Little towns can have three or four million (dollars to fix the streets and freeways, but farmers can have nothing. Congress should put attention in farming and they are not doing it,” he told Seattle PI.

According to Joe Cervantes of the Washington State Mexican Fruit Growers Coalition, the lack of funding affects Latino farmers most. The number of Latino farmers in the state have quickly inclined over the years. The U.S. Agriculture Census reported that Latino farmers rose by 14 percent in from 2002-2007.

Farmers and officials believe without help many farmers will close their businesses in the next few years.

At a national forum discussing the problems some bankers defended the action blaming federal regulations and points the farmers to the Federal Farm Bureau. The Farm Bureau offers low-rate farm loans for those denied for loans through banks for up to $1.1 million.

Regardless the size of your operation, contact Farm Plus today for information on our low-rate loans. Alongside government agencies, including the AFBF and FSA, we work to get you the funding you need to operate your farm, ranch or vineyard. Call 866-929-5585 to speak with a representative or visit our website for more information.

Washington Agricultural Industry is Growing

Thursday, June 10th, 2010

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From January 2009 through January 2010 the agriculture industry in Washington grew, adding 12,300 new seasonal and permanent jobs according to a state report.

Not only did jobs increase in number, but wages grew from $8.79 per hour in January 2009 to 49.42 in 2010. This information follows a survey conducted with 1,800 farmers across Washington.

Many producers say the mild weather in January contributed to the growth of seasonal employment across the state. Workers were needed in north-central, southeast and south-central regions to prune fruit trees, especially apple trees.

“There’s no such thing as a recession in the agriculture industry,” said Bruce Grim, executive director at the Washington State Horticultural Association. “People have to eat.”

Over the year season jobs grew from 15,010 to 22,120 in 2010. “I don’t think people realize how huge an industry agriculture is in our state,” Dean Schau a regional labor economist said. “We measure our foreign exports in billions of dollars and it’s going all over the world.”

In 2009 Washington was able to have enough workers to complete their large, annual harvest. The recession is attributed to the employment growth with many people jumping from construction or building trades to agriculture.

Inflation fears? Refinance with Farm Plus before farm loan rates rise. Farm loan rates starting at 2.99% with 25 year terms. Visit our website or call, toll free, 866-929-5585.

Vilsack Announces Electricity Guaranteed Loans

Friday, May 21st, 2010

Rural communities in 21 states will be awarded guaranteed loans from the United States Department of Agriculture (USDA) to improve electricity according to USDA Secretary Tom Vilsack.

Funding for these products come from the Rural Utilities Service Electric Program from the USDA Rural Development. The money will build 2,405 miles fo new distribution lines and upgrade over 1,822 miles of existing lines. The goal of the guaranteed rural loans is to improve living conditions for residents of rural communities.

Public Utility District No. 1 in Mason County, Washington is one of the many public works receiving guaranteed loans from the USDA. The 48,555,000 loan will provide service to 420 new customers, adding 14 miles of new distribution lines. It will also add two miles of transmission lines and improve four miles of existing distribution lines.

Improved electricity lines provide additional jobs for locals and better living and business conditions for farmers. Farmers will have additional resources for such things as storage and equipment.

Farm loan rates starting at 2.95%. Lock in before farm loan rates rise. Contact Farm Plus by clicking here or calling toll free 866-929-5585.

Top Wind Power States

Thursday, May 21st, 2009

The American Wind Energy Association released data announcing the top states currently producing wind energy and those that have plans for future wind power projects.

1. Texas. Texas currently has 7,907 megawatts of wind power. 1,102 megawatt are in construction now.
2. Iowa. Iowa has 2,883 megawatts and 210 under construction.
3. California. California has 2,653 megawatts of wind power with 125 under construction.
4. Minnesota. With 1,803 megawatts across the state of 10,000 lakes, Minnesota comes in fourth.
5. Washington. Washington is right behind Minnesota with 1,479 megawatts.
6. Oregon. Oregon currently has 1,363 megawatts of wind power with 126 under construction.
7. New York. New York has 1,262 megawatts today, with 21 under construction.
8. Colorado. As the eighth top state in the United States, Colorado has 1,068 megawatts of wind powered electricity.

Wind power is a growing trend among farms because the government offers great subsidies. For more information on subsidies and farm loans contact Farm Plus today. Farm Plus has many low-rate farm loans for your needs. Call 866-929-5585 for more information on farm loans or visit online.

Grain Growers Strongly Disagree with Obama’s Plan

Monday, April 6th, 2009

Grain industry leaders in Oregon, Washington and Idaho wrote a letter to President Obama opposing his proposal to cut payments to farms with revenue over $500,000.

“The purpose of the five-year Farm Bill is to provide stability for producers, agricultural operations and our nation’s food system,” the letter stated. “We believe it’s unwise and unacceptable to dismantle this critical piece of legislation before it has even had a chance to be fully implemented.”

This change would effect over 1,200 Oregon farmers. “The premise is that USDA farm dollars would be going to those who are most in need of money,” Jane Harden, the executive director of the Umatilla County Farm Service Agency told The East Oregonian. “But $500,000 is not much money- it’s actually a very small dollar amount.”

Many expect the proposal to not pass because 50 Congress members already signed a letter opposing it. “Direct payments are necessary to shore up the operating loans needed to make a farm work,” Tammy Dennee of the Oregon Wheat Growers League added.

Denee said the purpose of the letter wasn’t to stop the proposal, but better inform the president of the impact this decision will have. “It’s our opportunity and challenge to help Congress and the new administration understand the interdependence of these programs and how they are viewed in the countryside by growers and their bankers.”

If you are interested in purchasing farm land contact Farm Plus today. Low rate farm loans are available for a variety of needs. Call 866-929-5585d or visit online for more information about farm loans.

Small Farms Rule Clark County

Wednesday, February 25th, 2009

Many people believe professional farmers get most attention, but in Clark County, Washington the ones who seem to count most are the independent amateur farmers.

“This is something I’m doing because I love doing it,” said Jacki Johnson, 64, of Ridgefield told The Seattle Times. A newly retired citizen, Johnson was looking for extra cash and made $4,000 last year for selling plants at shows and farmers markets. With husband Rick, Johnson owns one of 1,943 farm operations that brought in less than $25,000 in 2007 according to the latest census. This number is up by 36 percent compared to the census taken in 2002.

Johnson never planned to go into farming, she just enjoyed to garden as a hobby. Her early sales were a few plants at church fundraisers and at the garden club. She never imagined it would turn into a part-time job for her. Johnson spends eight hours a day in her garden during the summer and eight hours on Saturdays selling them.

Although small farms are booming, many feel larger farms are slowly declining. In Clark County this is happening more than anywhere in Washington. Many large farms are being developed into various projects. 41 of the county’s 94 farms disappeared between 2002 and 2007.

If you are interested in purchasing a large or small farm, farm loans are available today. Contact Farm Plus Financial for more information about farm loans today. Call 866-929-5585 or visit online to answer any questions or concerns about farm loans.

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