MALs provide producers interim financing after harvest to help
meets cash flow needs without having to sell their commodities
when market prices are typically at harvest-time lows.
2016 Marketing Assistance Loan reminders:
- Grain must be harvested prior to applying for the loan.
- Loans mature 9 months following the month of loan
disbursement.
- The current interest rate is 1.625% for October.
- Logan County loan rates for 2016 are $2.04 for Corn and
$5.13 for Soybeans.
- For elevator stored loans the Warehouse Receipt must
indicate that storage has been prepaid through the end of
the loan maturity month.
- Lien waivers are required from all cash rent landlords,
owners of rented storage facilities, and lien holders on the
grain (lenders) before loans can be disbursed.
FSA is accepting applications for all eligible commodities. Call
the FSA Office at (217)735-5508, ext 2 for more information on
Marketing Assistance Loans.
![](http://archives.lincolndailynews.com/2016/Oct/14/images/ads/current/graue_sda_june2015.png)
Important Dates to Remember
- November 7 - COC election ballots mailed to
eligible voters
- November 11 - Veterans Day- Office Closed
- November 24 - Thanksgiving Day - Office Closed
- December 8 - Final date to return COC election
ballots to the office
- December 15 - Final date to report fall seeded crops
such as wheat and perennial forage for 2017
- December 26 - Christmas Day Observed - Office Closed
- Continuous - Farm Record Changes
- Continuous - Farm Storage Facility Loan Applications
- Continuous - CRP Signup (waterways, filter
strips, field borders, pollinator habitat)
New USDA Commitments to Help Build Up Next Generation of
Farmers and Ranchers
- USDA prioritized $5.6 billion over the next two
years within USDA programs and services that serve
new and beginning farmers and ranchers. A new,
tailored web tool was designed to connect burgeoning
farm entrepreneurs with programs and resources
available to help them get started.
- The new web tool is available at www.usda.gov/newfarmers.
The site was designed based on feedback from new and
beginning farmers and ranchers around the country,
who cited unfamiliarity with programs and resources
as a challenge to starting and expanding their
operations. The site features advice and guidance on
everything a new farm business owner needs to know,
from writing a business plan, to obtaining a loan to
grow their business, to filing taxes as a new small
business owner. By answering a series of questions
about their operation, farmers can use the site’s
Discovery Tool to build a personalized set of
recommendations of USDA programs and services that
may meet their needs.
- Using the new web tool and other outreach
activities, and operating within its existing
resources, USDA has set a new goal of increasing
beginning farmer and rancher participation by an
additional 6.6 percent across key USDA programs,
which were established or strengthened by the 2014
Farm Bill, for a total investment value of
approximately $5.6 billion. Programs were targeted
for expanded outreach and commitment based on their
impact on expanding opportunity for new and
beginning farmers and ranchers, including starting
or expanding an operation, developing new markets,
supporting more effective farming and conservation
practices, and having access to relevant training
and education opportunities. USDA will provide
quarterly updates on its progress towards meeting
its goal. A full explanation of the investment
targets, benchmarks and outcomes is available at:
BFR-Commitment-Factsheet.
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- As the average age of the American farmer now exceeds 58
years, and data shows that almost 10 percent of farmland in the
continental United States will change hands in the next five
years, we have no time to lose in getting more new farmers and
ranchers established. Equally important is encouraging young
people to pursue careers in industries that support American
agriculture. According to an employment outlook report released
by USDA’s National Institute of Food and Agriculture (NIFA) and
Purdue University, one of the best fields for new college
graduates is agriculture. Nearly 60,000 high-skilled agriculture
job openings are expected annually in the United States for the
next five years, yet only 35,000 graduates with a bachelor’s
degree or higher in agriculture related fields are expected to
be available to fill them. The report also shows that women make
up more than half of the food, agriculture, renewable natural
resources, and environment higher education graduates in the
United States. USDA recently released a series of fact sheets
showcasing the impact of women in agriculture nationwide.
- The announcement builds on USDA’s ongoing work to engage its
resources to inspire a strong next generation of farmers and
ranchers by improving access to land and capital; building
market opportunities; extending conservation opportunities;
offering appropriate risk management tools; and increasing
outreach and technical support. To learn more about USDA’s
efforts, visit the Beginning Farmers and Ranchers Results Page.
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
![](http://archives.lincolndailynews.com/2016/Aug/26/images/ads/current/ldn_sda_062409.png)
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 :
TBD 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). |