December Logan County FSA Updates

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[December 10, 2016]   

The Logan County FSA staff would like to congratulate you
on another successful harvest and wish you the best
over this holiday season!

2017 ARC/PLC Enrollment

The 2017 ARC/PLC enrollment period officially began on November 1 and will continue through August 1, 2017.

The enrollment process for 2017 is relatively simple! We just need you to contact the office, notify us of any changes that have occurred or will be occurring, verify payment shares and sign the FSA-861 contracts for 2017.

ALL owners and operators with a share interest in base acres on the farm must sign the annual contracts. Owners with zero shares will also need to sign the ARC or PLC contract, unless they have signed in a previous year and the operation has not changed in anyway. A signed lease or valid power-of-attorney may also be used in lieu of collecting an owner’s signature.

Call the Logan County FSA office at (217) 735-5508 extension 2 to have your contracts ran and ready for you to sign. Winter is the best time to get ARC/PLC paperwork completed.

Dates to Remember

  • December 13 Final date to return COC election ballots to the office

  • December 15 Logan County Committee Election for LAA 2

  • December 15 Final date to report 2017 fall seeded crops such as wheat and perennial forage

  • December 26 Christmas Day Observed - Office Closed

  • January 2 New Year's Day Observed - Office Closed

  • January 16 Martin Luther King, Jr.'s Birthday Observed - Office Closed

  • May 31 Last day to apply for 2016 Crop Marketing Assistance Loan

  • Continuous Farm Record Changes

  • Continuous Farm Storage Facility Loan Applications

  • Continuous CRP Signup (waterways, filter strips, field borders, pollinator habitat)

Guaranteed Loan Program

FSA guaranteed loans allow lenders to provide agricultural credit to farmers who do not meet the lender's normal underwriting criteria. Farmers and ranchers apply for a guaranteed loan through a lender, and the lender arranges for the guarantee. FSA can guarantee up to 95 percent of the loss of principal and interest on a loan. Guaranteed loans can be used for both farm ownership and operating purposes.

Guaranteed farm ownership loans can be used to purchase farmland, construct or repair buildings, develop farmland to promote soil and water conservation or to refinance debt.

Guaranteed operating loans can be used to purchase livestock, farm equipment, feed, seed, fuel, farm chemicals, insurance and other operating expenses.

FSA can guarantee farm ownership and operating loans up to $1,399,000. Repayment terms vary depending on the type of loan, collateral and the producer's ability to repay the loan. Operating loans are normally repaid within seven years and farm ownership loans are not to exceed 40 years.

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Please contact your lender or local FSA farm loan office for more information on guaranteed loans.

 Questions?

Please contact, John Peters, County Executive Director, at 217-735-5508 ext 2, john.peters@il.usda.gov  or for Farm Loans, please contact Tony Schmillen, Farm Loan Manager, at 217-735-5508 ext 2, tony.schmillen@il.usda.gov.

Logan County FSA Office
1650 5th Street
Lincoln, IL, 62656

Hours:
Monday - Friday
8:00 am - 4:30 pm
Phone: 217-735-5508 ext. 2
Fax:855-693-7125

County Committee:
Dennis Ramlow - Chairman
Tim Southerlan - Vice Chairman
Kenton Stoll - Member
Dorothy Gleason - Advisor

County Executive Director:
John Peters

Program Technicians:
Ann Curry
Tammy Edwards
Mari Anne Komnick
Chelsie Peddicord

Farm Loan Manager:
Tony Schmillen

County Operations Trainee:
Miranda Belcher

Next COC Meeting :
December 15th at 9:00am

Persons with disabilities who require accommodations to attend or participate in this meeting should contact John Peters at 217-735-5508 extension 2 or Federal Relay Service at 1-800-877-8339.

USDA is an equal opportunity provider, employer and lender. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users).

 

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