The United States Department of Agriculture (USDA), through its Farm Service Agency (FSA), has announced the availability of low-interest physical loss loans to support producers in Minnesota who have suffered damage from high winds. These loans aim to help farmers repair or replace essential physical property, including livestock and various agricultural assets vital to their operations.
Eligible Property:
Various types of property, including farm buildings, real estate fixtures, equipment, animals, perennial crops, fruit and nut trees, as well as harvested or stored crops and hay, are covered by the loans. These include property that is essential to agricultural success.
Impacted Area: Minnesota
Triggering Disaster: High Winds
Application Deadline: January 30, 2024
Primary Eligible County: Brown
Contiguous Eligible Counties:
Minnesota: Blue Earth, Cottonwood, Nicollet, Redwood, Renville, Watonwan
Additional Resources:
Farmers can use a variety of tools to research their loan and programme alternatives. On farmers.gov, you can find tools like
The Loan Assistance Tool on https://lat.fpac.usda.gov/
Disaster Assistance Discovery Tool https://www.farmers.gov/protection-recovery/disaster-tool
People can get in touch with their neighbourhood USDA Service Centre to file a Notice of Loss or to get more information about the programmes by visiting https://www.farmers.gov/working-with-us/service-center-locator
Photo Credit: pixabay127071
Categories: Minnesota, Crops, Hay & Forage, Government & Policy