User Login    
 + Register
News : Missouri offers low interest loans to struggling farmers
Posted by John on 2012/8/12 15:10:00 (581 reads) News by the same author

State Treasurer Clint Zweifel has money to lend to help farmers impacted by the drought. Farmers with soybeans dying in the field, and livestock that need feed, have a tough choice to make.

Zweifel says showing leadership and letting farmers and ranchers know that the state is standing with them is an important part of focusing on getting through it.

For more on the linked-deposit program, which can drop principal and interest rates, visit www.treasurer.mo.gov.

He promises a 24-hour response time on applications. Zweifel says he visited Miller County to see the Gleonda Angus Farm, where the impact of the drought on farmers and ranchers is clearly evident.

He says the visit allowed him to see the short term impact of this year’s drought and how it will continue to impact farmers and ranchers in the years to come.

Glenda and Leon Kleeman own Gleonda Angus Farm where they raise a registered Angus herd in Lawrence County. The Kleemans also raise row crops to help supplement the cattle costs and feed. This is the second summer their area has seen drought conditions.

Zweifel says the Kleemans are among the many farmers and ranchers that could benefit from the Missouri Linked Deposit Program.

The emergency process is known as the Harmed-area Emergency Loan Priority system, or HELP.

Individuals applying for agriculture loans are now eligible in every county of the state and the City of St. Louis. HELP eligible counties are determined by Zweifel using executive orders, disaster requests, State Emergency Management Agency and Federal Emergency Management Agency information and Agricultural Disaster Designations and Declarations. Normal loan approval time is 10 days.

Farmers with soybeans dying in the fields and livestock to feed have a difficult choice to make.
Soybeans from a field near St. Joseph planted May 20th have blooms but no pods.

Many Missouri producers who last year had a hay surplus sold it to counterparts in drought-stricken states. Now those same Missouri farmers are experiencing drought and have to decide whether to give soybeans more time to possibly produce, or cut them for forage.

University of Missouri soybean specialist Bill Wiebold says it is a tough call because soybeans have a long window of potential because they flower over about 40 days, compared to 6 to 8 days for corn. He says the window is closing, however, and the last round of consecutive 100-degree-plus days might have been too much.

Printer Friendly Page Send this Story to a Friend Create a PDF from the article


Other articles
2014/12/22 9:40:00 - Brookfield Woman Wins Missouri Lottery Cash Prize
2014/12/22 9:33:22 - Ketcham Community Center Announces Special Holiday Hours
2014/12/22 7:40:00 - Bethany Veterinarian Receives Agriculture Award
2014/12/22 7:30:00 - Trenton Accident Injures Two Women
2014/12/20 21:31:01 - Rice's Buzzer-Beater Earns Illinois Braggin' Rights Over Mizzou
2014/12/20 21:30:00 - Sierra Michaelis Has "Career Night", Mizzou Wins At Wake Forest
2014/12/20 21:27:53 - Haney Refiles For Chillicothe's Mayoral Position
2014/12/20 21:24:25 - Trenton Fire Damages Rapid Removal Trash Truck
2014/12/20 21:18:16 - Friday Accident Injures Browning Woman
2014/12/20 21:15:27 - Traffic Accident Reported Near Mount Moriah
2014/12/20 7:00:00 - NCMC Women Swept On Florida Road Trip
2014/12/20 6:55:42 - Sporting KC To Open 2015 Season Against Nemesis New York
2014/12/20 6:47:35 - Mizzou Starting Receiver To Miss Citrus Bowl
2014/12/20 6:40:58 - Trenton Gets Low Seeds For Ultra-Competitive Lawson Invitational Tournament
2014/12/20 6:34:29 - NCMC Holiday Hoops Begins With Wellington-Napoleon Sweep
2014/12/20 6:30:00 - Winston Boys Go Overtime To Win HDC Tournament Title
2014/12/19 17:20:11 - KC Royals Sign Starting Pitcher Edinson Volquez
2014/12/19 17:20:00 - Medlen In, Giavotella Out In Kansas City
2014/12/19 17:16:45 - California JUCO Player Verbals To Mizzou
2014/12/19 17:09:57 - Chillicothe Man Involved In I-435 Multi-Vehicle Accident
2014/12/19 17:04:42 - Thursday Accident Near Newtown Injures Area Women
2014/12/19 17:00:52 - Moore Files For Chillicothe Councilman-At-Large
2014/12/19 16:56:56 - Trial for Trenton Man Accused Of Murder Begins In January
2014/12/19 16:50:42 - Princeton Medical Clinic Adds X-Rays
2014/12/19 16:46:25 - Unionville Man Wins Patrol Trooper Award
2014/12/19 16:41:05 - Friday Morning Wreck Injures Cameron Man
2014/12/19 16:37:52 - Bethany Native Resigns Maryville Superintendent Position
2014/12/18 15:10:26 - 550 Million Year Old Fossils Provide New Clues about Fossil Formation
2014/12/18 15:10:00 - Daniel, Maclin, Coffman Highlight Mizzou's 2014 Hall Of Fame Class
2014/12/18 15:03:45 - Gallatin Man Organizing Regional Horticulture Conference



Bookmark this article at these sites

                   

Listen to KTTN-FM