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  • Last modified 2554 days ago (Sept. 29, 2011)

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FSA loans could cover 100 percent of farm losses from drought

Farmers in Marion County, who suffered crop or livestock losses due to drought, excessive heat, and high winds occurring Jan. 1 and continuing may apply for Farm Service Agency emergency loans.

Farmers who suffered at least a 30 percent reduction to at least one cropping enterprise, may have a qualifying production loss. Emergency disaster production loss loans cover 100 percent of qualifying losses.

FSA loan services include consultation, advice, and creative suggestions for a farm business.

FSA loans covering physical losses may be used to replace installations, equipment, livestock, or buildings lost through disaster.

FSA loans covering production losses may used to buy feed, ssed, feterilizer, livestock, or to make payments on real estate and chattel debts.

To be eligible for an emergency disaster loan, an applicant must be operating a family size farm or ranch, must be unable to get credit elsewhere, and must have suffered a qualifying physical or production loss from the disaster.

Contact Marion USDA agent Bill Harmon at (620) 382-3714 for more information.

Last modified Sept. 29, 2011

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