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News Brief

April 18, 2011NODAWAY COUNTY, MO |  By: Compton

Farmer Loans

The deadline is today to apply for a farm service agency disaster loan designation.

44 counties in Missouri, including Andrew, Buchanan, Gentry, Holt, Nodaway, Platte and Worth had access to disaster loans. Charlotte Holeman, farm loan manager for the FSA in Nodawy county says the loans were made available because of the severe storms, flooding, and tornadoes which occurred June 12th to July 31st last year. In order to qualify, a farmer must have suffered a 30% loss in production or an actual physical loss that was essential to the successful operation of the farm, and must be unable to obtain credit needs from another lending source.