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Posts Tagged ‘crop assistance’

Biomass Crop Assistance Proposal Request

Thursday, February 25th, 2010

The United States Department of Agriculture (USDA) requested a proposal from Senator John Thune (South Dakota) covering the two phases of the Biomass Crop Assistance Program.

The program is a part of the 2008 Farm Bill that makes payments to producers for nonfood crops (i.e. prairie grass) that is used for energy production.

The first phase pays producers to cover the cost of production and storage. The second phase pays farmers to grow crops near biorefineries.

Producers and industry officials have two months to make comments on the proposal.

Thune is supporting the bill because he feels biofuel is one of the first steps in the United States’ energy independence.

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.

Wyoming Counties Eligible for Crop Assistance

Thursday, February 25th, 2010

Eight Wyoming counties have been named disaster areas by the United States Department of Agriculture (USDA).

Hot Springs, Washakie, Fremont, Johnson, Sheridon, Park, Big Horn and Teton counties are all eligible for low-rate loans from the USDA.

The counties experience below zero temperatures between Oct. 6 and Oct. 13, 2009 causing devastating crop loss. Beets, dry beans and alfalfa crops were the hardest hit.

Producers in the area must have crop insurance on the losses and cannot receive credit for the crops. Those interested have eight months to apply for loans. Click here for more information.

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.

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