drought conditions take their toll on farmers, government
programs and lenders can make the difference. Some, such as
the Agricultural Stabilization and Conservation Service, offer
feed-grain programs, while others offer grants and loans.
there admittedly will be some paperwork involved, your efforts
will pay off with higher benefits if you apply for a variety
of programs early on. Your county Extension office can help
determine programs for which you are most qualified. As for
your local lenders, start negotiating about potential needs-such
as money to buy feed-before drought conditions peak. That
way you are not managing in a panic mode and neither are lenders.
Stabilization and Conservation Service (ASCS) Federal Farm
Disaster Assistance. ASCS offers disaster payments and
livestock feed assistance for drought-stressed farmers.
If you don't plant any of your crop, you may be eligible
for the 0/92 program which provides deficiency payments
on 92 percent of a producer's base acreage.
Home Administration. FHA offers disaster loans at low
interest with affordable repayment terms. It also offers
conventional guaranteed loans with low interest rates.
Credit Services. This farmer-owned credit cooperative
offers competitive loans to farmers.
banks. Competitive loans are available to farmers.
also known as the Wisconsin Housing and Economic Development
Authority-Credit Relief Outreach Program. This state program
offers farmers low-interest loans originating from banks
but guaranteed by WHEDA. See your local lender.
county Extension office about your options for assistance
and the enrollment process. In some cases, Extension agents
can use a computerized farm assistance program to quickly
determine what programs you are most eligible for.
need the following items to apply for a grant, loan or other
itemized list of losses with your estimate of the repair
or replacement cost of each item
of federal income tax returns from the last three years
brief history of your farm and ASCS information on farm
crop base and assigned yields
and business financial statements (income statement and
balance sheet), list of bills owed
Your county Extension office
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