Wyoming Counties Eligible for Crop Assistance

Last modified on 2010-02-26 02:58:36 GMT. 0 comments. Top.

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.

___________________________________________________________

And the Survey Says…

Last modified on 2010-02-09 02:32:38 GMT. 0 comments. Top.

Regional bankers in Nebraska, Wyoming, Colorado, Kansas, Oklahoma and Missouri took part in a survey that shows farm values have decreased, but are steady.

Compared to the last quarter in 2008, non-irrigated farmland in Nebraska dropped 4.8 percent and irrigated fell 4.7 percent. Ranch land dropped 5.3 percent.

Overall, regionally non-irrigated farmland dropped 1.7 percent and irrigated 3 percent. Ranch land has fallen by 4.2 percent.

Experts believe these numbers will stay consistent over the next three months.

One major contributing factor to the decrease is that farm incomes quickly changed from record heights to below $50,000 annually. This is the lowest it has been since 2003.

Looking to refinance your farm loan before inflation hits? Farm Loan interest rates starting at 2.93% and terms up to 25 years. See our rate sheet or call 866-929-5585 to speak with a representative.

___________________________________________________________

Oilseed the Future?

Last modified on 2009-08-28 23:07:36 GMT. 0 comments. Top.

Diversifying crops is just one way producers can try to get ahead in the uncertain economy.

In Wyoming, the agriculture industry is growing and processing oilseed crops to see what effect it has on the industry as well as how profitable it will be.

1,500 research acres can be found around the state. Camelina, canola and sunflowers are just a few oilseeds being grown. Oilseeds are becoming a popular crop for biofuel as well as feeding livestock. The crop is also an ingredient in many items.

The University of Wyoming Cooperative Extension Service in Gillette even invested in an oilseed press for research.

Are you in the market for a farm loan? Look no further! offers low-rate farm loans. Call 866-929-5585 or visit our website for more information.

_________________________________________________________________

 Wyoming Farm Loans - Purchase, Refinance, or Expansion

Wyoming has the lowest population of people in the United States but that does not stop Wyoming farmers and ranchers from being in the top 10 of the United States in production of sheep, goats, and barley.  Wyoming is home to over 11,000 farms with an average size of 2,736 acres.  Wyoming’s farm and ranch production is very important to the United States, and so, it’s important also that Wyoming farmers and ranchers have access to great farm loan products.  Farm Plus Financial is a great source for Farmer Mac loans.  Since we’re one of the few lenders to use Farmer Mac, we’re able to offer very competitive interest rates and fixed terms up to 30 years.  You’ll find that our farm loans are second to none.  Whether you may be interested in a refinance, purchase, or expansion of your farm or ranch, Farm Plus is here to provide you with farm loans and ranch loans.  Besides very competitive farm loans and ranch loans, we offer a courteous staff willing to go the extra mile and a streamlined loan process to ensure a timely closing.  To view our rate sheet or to contact us click here or feel free to call us toll free at 866-929-5585.  Thank you for visiting.