|FSA Scoop...Meet the county committee members|
The office will be hosting a “get to know your county committee” and having a short informational meeting on the duties of the committee. If you would like to know what the committee duties are and would like to meet the members, please stop into the office on Thursday, July 29, at 8:30 a.m. If you would like to nominate someone, or if you would like to serve on the committee, please stop in to pick up a petition form.
Perkins County family farmers may be eligible to apply for low interest emergency loans (EM) due to physical and production losses caused by severe storms. A presidential major disaster was declared for our county.
EM applications are available and must be submitted through the local FSA county office from any applicant who qualifies for a physical or production loss (at least a 30 percent reduction from normal) in a single enterprise from this disaster.
To qualify for an EM loan, an applicant must be an established family farm operator; provide evidence of having suffered a qualifying physical or production loss; be unable to obtain suitable credit from a source other than FSA.
The low interest loans may cover up to 100 percent of their actual production or physical losses, to a maximum amount of $500,000. The loan applicants must show ability to repay the loan and the loan must be adequately secured. FSA loans for production losses may be used to buy feed, seed, fertilizer, livestock, or to refinance certain debts. FSA loans for physical losses may be used to repair or replace the property that was damaged or lost. The current interest rate for the EM loans is 3.75 percent. The deadline for submitting applications is March 15, 2011. Additional information about FSA Farm Loan Programs is available at www.fsa.usda.gov/dafl.
A pending general CRP sign-up will be occurring yet this year. If you are interested in offering land into this Conservation Reserve Program, please stop into the office for additional information. Very little information is available, but sign up dates and information should be announced shortly.
If you are interested in obtaining a Marketing Assistance Loan (MAL) on your harvested wheat or oats, please contact the office for information and responsibilities. The interest rate is 1.375 percent and the 2010 loan rates for Perkins County are $2.65 bushel for wheat and $1.38 bushel for oats. You can obtain a warehouse loan or a farm-stored loan for a period of nine months.
All reconstitutions must be requested by August 1, 2010.
Succession-In-Interest must be reported to the office. Notice is considered to have been made by the affected parties by signing a revised contract representing the change in interest. The deadline to complete this action is the end of the contract period which is September 30, 2010. Examples would be a change of interest, sale of land, etc.
Please be reminded that if you are enrolled in the DCP or the ACRE programs, land must be protected from weeds, including noxious weeds, and erosion, including providing sufficient cover for idle base acres.