USERNAME:
PASSWORD:

Posts Tagged ‘montana’

Montana Farms Prepped for Biofuel

Saturday, July 30th, 2011

Earlier this week, Secretary of Agriculture Tom Vilsack announced a new $45 million biofuel project that will include several Montana farms. The Biomass Crop Assistance Program that Vilsack announced will support eligible Montana farms for five to fifteen years, offering valuable federal funding to encourage the production of ethanol corn and other crops that can be readily converted into biofuel.

In a statement, Vilsack claimed, “This is a great challenge for everyone in government, and I’m embracing the challenge. I’m not shying away from it.”

Part of the commitment to biofuel is a holdover from the previous presidential administration. Under the Bush White House, the U.S. Department of Agriculture was directed to facilitate the production of 36 billion gallons of ethanol to augment national energy reserves. The ultimate goal of the ethanol production was to help make the nation energy independent. In his announcement last week, Vilsack announced that corn based ethanol production could produce about 16 billion gallons, and that the remaining 20 gallons could come from sources like cellulosic fuels sources.

 However, potential problems arise from the recent cuts to agriculture spending. As Washington seeks to balance budgets, farm subsidies have been reduced, and are in danger of being slashed altogether.  With deep cuts threatened in the 2012 Farm Bill, politicians like Montana Senator Jon Tester have said that only bipartisan support in Congress can keep energy independence programs like this running smoothly.

To learn more about agricultural financing opportunities contact a Farm Plus Financial representative by calling 866-929-5585 or by visiting www.farmplusfinancial.com.   

Follow us on:  Twitter 

Written by: Justin Ellison / Farm Plus Staff Writer

Montana Counties Eligible for Assistance

Monday, February 8th, 2010

13 Montana counties have been named disaster areas by the United States Department of Agriculture.

Fergus, Judith Basin, Petroleum, Blaine, Cascade, Chouteau, Garfield, Golden Valley, Meagher, Musselshell, Phillips, Rosebud and Wheatland counties are eligible for low-rate loans from the U.S. Small Business Administration.

Alfred E. Judd, director of SBA‘s Disaster Field Operations Center-West explained, “SBA eligibility covers both the economic impacts on businesses dependent on farmers and ranchers that have suffered agricultural production losses caused by the disaster and businesses directly impacted by the disaster.”

He added, “These loans offset economic losses because of reduced revenues caused by the combined effects of drought, severe storms, excessive heat, hailstorms, excessive moisture at harvest, and weather-related insect damage that occurred in the counties beginning Jan. 1, 2009.”

The loans have a four percent interest rate and a maximum term of 30 years. For more information contact the SBA at (800) 659-2955. The deadline is Aug. 16, 2010.

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.

Montana Producers Eligible for Loans

Friday, October 30th, 2009

Montana Senator Max Baucus announced the USDA is allowing Montana producers to apply for funding to help with the loss of livestock during this season’s drought and unpreventable health conditions.

The Emergency Assistance for Livestock, Honeybees and Farm-Raised Fish Program (ELAP) and Livestock Forage Disaster Program (LFP) have been available since mid-September.

The ELAP is for producers who have loss livestock from disease, adverse weather or other unpreventable situations. The LFP is for producers who have lost grazing livestock from drought or fire.

“This assistance will be a huge help to Montana farmers and ranchers who have been affected by drought and other bad weather,” Baucus said. “One bad storm can wipe out a lifetime of work, and I want to make sure Montanans who have suffered devastating livestock losses will get the resources they need to move forward.”

Those who are eligible can apply for losses dating back to 2008. For more information contact your local Farm Service Agency office.

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.

Share Your Thoughts

Thursday, May 7th, 2009

The U.S. Department of Agriculture Secretary, Tom Vilsack, said the controversial plan to track livestock from birth to butcher shop needs input from those affected.

The announcement came after a hearing with several farm and ranch groups, including representatives from Montana, about the National Animal Identification System.

Many farmers and ranchers feel that the system is to overwhelming and unworkable. The program is intended to help track disease spread by animals.

“All of the groups that represent the cattle-raising West are pretty unanimous in our take on it,” said Gilles Stockton, of the Western Organization of Resource Councils. “We’re pretty skeptical.”

Currently the tracking system is purely optional, but if enforced everyone from large operators to small family farms would be required to register his or her animals. Ranchers would also have to track the movements of range animals. Newborns must be tagged within one day of birth. Producers must also report animal deaths within 24 hours.

There is no word when the system will be required, but input is wanted. If you are interested in participating in the trial please contact your FSA today.

Looking to purchase farm land? Need a loan for production costs? Contact Farm Plus today. Low rate farm and ranch loans are available. Call 866-929-5585 or visit online for more information regarding agriculture loans.

© Copyright 2009 - FarmPlus Financial All Rights Reserved. Home  |  Privacy Policy  |  Legal Policy  |  Sitemap  |   Contact  |  Employment  |  Blog