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Signup is currently
underway for producers who chose coverage from the safety net
programs established by the 2014 Farm Bill, known as the
Agriculture Risk Coverage (ARC) or the Price Loss Coverage (PLC)
programs. Please stop by the Logan Co FSA Office to enroll your
farms for 2016.
The choice between ARC and PLC is completed
and remains in effect through 2018, but producers
must still enroll their farm by signing a contract each year to
receive coverage.
If a farm is not enrolled
during the 2016 enrollment period, producers on that farm will
not be eligible for financial assistance from the ARC or PLC
programs should crop prices or farm revenues fall below the
historical price or revenue benchmarks established by the
program.
The two programs were
authorized by the 2014 Farm Bill and offer a safety net to
agricultural producers when there is a substantial drop in
prices or revenues for covered commodities. For more details
regarding these programs, go to www.fsa.usda.gov/arc-plc.
With
the recent severe weather and flooding in the area, the Logan
County Farm Service Agency wants to remind livestock producers
of disaster relief programs that may be available to them. The
Livestock Indemnity Program (LIP) is available to producers who
suffered livestock deaths due to the severe weather, and the
Emergency Assistance for Livestock, Honeybees, and Farm Raised
Fish (ELAP) is also available if storms have damaged grazed
fields.
Remember applicants must provide adequate proof that losses
occurred as a direct result of the adverse weather events.
For
more details, go to www.usda.gov/disaster or
www.usda.gov/documents/fact-sheet-usda-programs-assist-individuals-small-businesses.pdf
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.
Please contact your lender or local FSA farm loan office for
more information on guaranteed loans.
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Producers
are reminded to notify their local Farm Service Agency when there is
a change in operation or ownership of a Farm. Producers who have
bought or sold land, or added or dropped rented land from their
operation must report these changes to their local FSA office as
soon as possible. To ensure FSA’s records are accurate, a copy of
the deed, sales document, or recorded land contract for the purchase
of property must be submitted to your local FSA office. Failure to
do so can lead to possible program ineligibility. Updating record
changes now will save time during contract sign-up. Please contact
the Logan County Farm Service Agency at 217-735-5508 if
you have changes you need to report.
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
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).
Logan County USDA
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:
Kenton Stoll - Chairman
Dennis Ramlow - Vice Chairman
Tim Southerlan - Member
Dorothy Gleason - Advisor
County Executive Director:
John Peters
Program Technicians:
Ann Curry
Tammy Edwards
Mari Anne Komnick
Cindy Mayfield
Chelsie Peddicord
Farm Loan Manager:
Tony Schmillen
Next COC Meeting : Jan. 29th |
