End Rows for Tuesday, April 6

Thursday, April 8, 2010

Emergency Conservation program (ECP) reminder
Emergency Conservation Program (ECP) participants who are nearing the expiration dates for their repair work need to request an extension, if needed, before the expiration date actually arrives.

This request needs to be in writing and addressed to the Saline County FSA Committee.

The request should state that an extension is needed and the reason why, such as unable to finish the repair work because of weather conditions.

Producers who were approved for ECP cost-share to repair terraces that were damaged by heavy rains in 2009 were given six months to complete the work.

The bills for the repairs must be turned in, or an extension requested, by the expiration date. Otherwise the cost-share will be cancelled.

Price support reminder
Producers are reminded to continue monitoring the condition of their farm-stored grain, especially with the recent rains and warmer temperatures.

If the grain is collateral for a farm-stored loan, contact the county office administering the loan BEFORE it is removed from the bin.

A phone call can save you from a loan violation.

Beginning farmer loans

Direct and Guaranteed loans are available through FSA to assist beginning farmers with financing agricultural enterprises.

FSA defines a beginning farmer as a person who:

Has operated a farm for not more than 10 years.

Will materially and substantially participate in the operation of the farm.

Agrees to participate in a loan assessment, borrower training and financial management program sponsored by FSA.

Does not own a farm in excess of 30 percent of the county's median size.

If the applicant is an entity, then each member must meet the eligibility requirements. Loan approval is not guaranteed.

Both Direct and Guaranteed loans can be used for Farm Ownership loans and Farm Operating loans.

Farm Ownership loans can be used to purchase farmland or make capital improvements. Guaranteed Farm Ownership loans can also be used to refinance debt.

Farm Operating loans can be used to purchase or lease items needed for a successful farm operation, such as livestock, farm equipment, feed, seed, fuel, farm chemicals, insurance, or other operating expenses.

Direct Loans are applied for and serviced at the local FSA office and can be made for up to $300,000.

Guaranteed Loans up to $1,112,000 are available from local commercial lenders who apply for loan guarantees from FSA.

Additional program information, loan applications, and other materials are available at your local USDA Service Center. You may also visit www.fsa.usda.gov.