Farm Worker Overtime Bill Vetoed
Last modified on 2010-09-08 15:03:05 GMT. 0 comments. Top.
California Governor Arnold Schwarzenegger vetoed a bill that gives California farm workers overtime after 40 hours a week. The bill intended to give farm workers the same rights as other non-management employees in the state.
Instead farm workers will be paid overtime after 10 hours in a day or after 60-hours a week as they had in the past. Though the bill was vetoed, Schwarzenegger pointed out California is “the most progressive state in the nation” in regards to overtime for agriculture workers. Only Maryland and Minnesota require overtime payment as well.
Schwarzenegger defended his decision by stating, “agricultural work is different from other industries: It is seasonal, subject to the unpredictability of Mother Nature, and requires the harvesting of perishable goods.” He felt signing the bill would hurt the agriculture industry, which is the largest industry in the California.
California’s agriculture industry employs 450,000 people during August and September (the peak harvest months).
Federal Reserve stated interest rates likely to rise. Refinance your farm loan before rates go up. Call a representative by dialing 866-929-5585 or visit us online.
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European Grape Vine Under Control in Napa Valley
Last modified on 2010-09-08 14:49:18 GMT. 0 comments. Top.
In early 2010, producers reported problems with the European Grapevine Moth. However, as of late July producers can feel relieved that the USDA is reporting success in controlling the invasive pest.
The grapevine moth originates from Europe and can cause extensive damage to grapevines. The pest and its larvae feed off of flowers and fruits that make up the grapevine.
Since the pest was found, the USDA worked alongside farmers to control the pest. Many vineyards were quarantined to avoid the pest from spreading any further. At first over 100,000 pests were counted from the first generation. Only 1,000 were counted from the second generation.
Although Napa County has the pest nearly under control, Fresno County is working to required producers to take immediate action as well. Walt Bentley, a University of California entomologist told Fresno’s Modesto Bee, “We want to try and stop them from developing into adults and spreading. “ To prevent spreading chemicals must be aimed at the larvae as it emerges from the eggs. If this stage is missed, the pest will be harder to control.
Are you in the market for a farm or ranch loan? Contact Farm Plus today for more information on low-rate farm loans. Call us at 866-929-5585 or visit us online for more information.
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Oakland Legalizes Large-Scale Marijuana Farms
Last modified on 2010-09-08 14:41:38 GMT. 0 comments. Top.
Oakland farmers have a new crop choice- marijuana.
The Oakland City Council has approved a measure to allow large-scale marijuana farms within city limits.
Permits have been granted for four industrial-sized marijuana farms that can be up to 100,000 square feet. The decision is expected to play a role in Prop. 19 that legalizes marijuana for recreational use in California.
Potential marijuana farms must pay a $5,000 fee to cover administrative costs, apply for a permit with an annual fee of $211,000 and provide proof of $3 million in insurance.
The current dispensaries in Oakland brought in around $28 million in 2009, but taxes are expected to increase from 1.8 percent to as much as 12 percent. Small marijuana farmers are not pleased with the increase because the tax may put them out of business.
California voted for legalized medical marijuana use in 1996.
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California Crops Affected by Cooler Temperatures
Last modified on 2010-09-08 14:37:33 GMT. 0 comments. Top.
Cool temperatures have played a major factor in this year’s California harvesting and planting seasons.
The California apple harvest is underway and farmers have seen a good-looking crop and expect a large harvest. Apples have developed a good color and size due to cooler temperatures. Growers expect 3-million boxes of apples by the end of harvest with each box holding 40 pounds of fruit. The only area having problems is the San Joaquin Valley where there was no water last year according to the California Farm Bureau.
The cool weather put a delay on California’s wild rice crops as well. Farmers planted half as many acres this year due to an unusual freeze in May which also caused damage. In the Central Valley farmers planted more white rice. An overabundance from last growing season in California and Minnesota caused a surplus, so wheat prices are also lower this season.
The pear harvest is behind due to cooler than average conditions as well. The California Pear Advisory reports the crop is two weeks behind. Orchards along the Sacramento River were expected for harvest around mid-July. Despite the late start, farmers expect 67 thousand tons of pears.
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Dairy Farming- in 140 Characters or Less
Last modified on 2010-08-11 21:18:17 GMT. 0 comments. Top.
Animal rights groups use such social media sites as YouTube and Facebook to show the conditions animals live in on farms. These videos show farmers in a negative light and many are done sitting back and letting these activists accuse them of animal abuse. Farmers across the country are turning to Facebook and Twitter to respond to horrid allegations.
Smart phones have allowed farmers to capture exactly what is happening on their farms with video and pictures to show the public what it is like working and living on a farm.
One farmer getting much attention is California farmer, Ray Prock Jr. Prock lives on a 240-acre farm with his wife and two children and feels many farmers are hurt by these accusations. “Every other farmer I know who cares for animals has at one time or another put those animals’ well being ahead of their own or their families’ time or needs,” Prock wrote on his blog.
Prock wants people to see the clean air, water and environment on his farm and the way his cows live. He is not the only farmer fighting the activist groups. Throughout Twitter and Facebook you can find many pages of farmers looking to gain back the respect of the public eye.
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CA Senate Wants Overtime Bill Passed
Last modified on 2010-08-11 21:16:06 GMT. 0 comments. Top.
The California Senate is working to pass a bill that would require farmers to pay time-and-a-half for workers who work between 40-60 hours a week.
The bill is on Governor Arnold Schwarzenegger’s desk waiting for approval, but agriculture groups strongly oppose the suggested bill.
Farm workers are one of the few groups of workers who do not receive overtime until they reach 60 hours a week. Government officials believe they should receive overtime at 40 hours like other industries because they work in hot summer sun and other uncomfortable conditions.
ABC 30 reported that MAPA chapter President Rey Leon said, “I think it’s about time for overtime, at least for farm workers.” Leon believes that current conditions appear similar to slavery.
Farm groups oppose the bill (such as the California Grape and Tree Fruit League) because the new bill would cause smaller paychecks for workers because farmers will hire more workers instead of paying overtime.
There is no indication whether the governor will pass the bill or not.
Are you in the market for a farm loan? Contact Farm Plus today by calling 866-929-5585 or visit us online for more information.
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Cool Weather Plays Roll in California’s Production
Last modified on 2010-08-11 21:06:39 GMT. 0 comments. Top.
Across California planting and harvesting is occurring throughout the state.
Orange producers are reporting that production is almost the best they have ever seen. A cool spring has allowed for the fruits to grow without becoming overripe. The quality is great and the crop numbers are large. The Mandarin harvest is complete, and Valencia harvest is going on now. Farmers plan to be picking the fruit through the end of June. Most of the fruit will be used for domestic sales opposed to exports.
Although oranges are having a great season, the cool weather is attributed to not-great conditions with other crops.
Tomatoes are reported to be about two weeks behind due to wet and cool conditions that are inappropriate for tomato seed planting. According to the weekly report from the USDA, tomato acreage is down across California as well. California is the country’s leading tomato producing state, but only 12 million acres are planted this year. This is down 6 percent from 2009.
Olive producers are also having problems due to the cold weather. The California Farm Bureau reports that olive trees are more than two weeks behind schedule because the weather is too cool for the crop to mature. The crop is so far behind that farmers cannot estimate how large the crop will be.
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California Farmers Benefit Little From Subsidies
Last modified on 2010-08-11 21:03:59 GMT. 0 comments. Top.
The 2008 Farm Bill is full of subsidies designed by congressional Democrats to help farmers through the hard economic times. Although the subsidies have good intentions, experts believe that these subsidies are in fact doing the opposite.
According to information obtained by the Environmental Working Group, California growers who specialized in rice and cotton, or other select crops, were the only producers to benefit from the program.
Experts point out that cotton subsidies have caused a number of farmers to plant cotton even when the demand and prices are low. “The government has decided in their wisdom to encourage production of crops the market doesn’t want,” San Francisco farmers Philip Bowles told the SF Gate. “It must make political sense because it certainly doesn’t make economic sense.”
Economists believe that such actions encourage economic hardships with smaller farms allowing for larger, corporate farms to buy them out.
Most California farmers that grow fruits and vegetables did not receives direct subsidies and those who did received only 48 percent from the government. Subsidies are mainly aimed at grains, cotton, dairy and some specialty crops.
This problem is just one of the many reasons why the House Agriculture Committee is meeting with farmers to plan changes on the current Farm Bill. The committee wants farmers to shape the 2012 Farm Bill to fit the needs of small farms.
“If we can somehow write an intelligent farm bill that’s attuned to the goals of public health and environmental responsibility, we can certainly create a set of incentives that steer agriculture in a more responsible direction,” Professor James McWilliams of Texas State University said.
Hearings are going on around the country before a draft of the bill is prepared.
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USDA’s Million-Dollar Boost to Fight Pest
Last modified on 2010-08-11 21:00:35 GMT. 0 comments. Top.
The United States Department of Agriculture is working to fight the destructive European Grapevine Moth that is causing problems in vineyards across California.
In May six moths were found in different vineyards across the Valley. The United States Department of Agriculture is giving growers a million-dollar boost to fight the pest.
7,000 traps are set in Fresno County and new pests have not been found. The money is used for pesticides to fight the pest that is no bigger than the size of a dime. Although it is tiny, the pest causes dramatic problems.
NRCA State Conservationalist Ed Burton said, “We estimate the cost to this about 208-dollars an acre to interrupt these next two flights, depending on what they’re using so we’re offering 104-dollars an acre if they put a conservation plan together.”
93-square miles sit under quarantine to contain the invasive pest from spreading to other areas of California.
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Farm Income Expected to Increase
Last modified on 2010-07-16 20:24:22 GMT. 0 comments. Top.
According to a survey conducted by the Federal Reserve Bank of Kansas City, farm income is expected to rise in the Midwest and western states.
The survey found that feed costs are decreasing, so farmers will have to spend less money on feed.
While feed is lowering in price, crop prices fell in the first quarter as well. This caused farm income to decrease in the first quarter, but incomes are expected to recuperate by the end of the second quarter. Some producers may even see higher numbers than before the fall. One reason feeds costs are lower is the backstock of corn from farmers waiting for better crop prices.
The price of feed in 2010 was one of the many factors attributed to the current state of the agricultural industry. The lower prices is a sign that things are slowly improving.
The survey was conducted in the 10th District which includes Kansas, Nebraska, Oklahoma, Colorado, Wyoming, New Mexico and parts of Missouri.
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Thousand Cankers Invades California
Last modified on 2010-08-11 20:37:52 GMT. 0 comments. Top.
California nut producers have a new problem on their hands. Over the past year a disease has hit walnut trees and made a significant impact.
“Thousand Cankers” is a fungal disease that is carried by the walnut beetle. This tiny pest lands on black walnut trees, spreading the fungus.
Currently, “Thousand Cankers” has been found in 15 counties across California stretching from Los Angeles to Sutter.
The disease appears as oval shaped, inky cankers perturbing from the tree, and can be multiple inches tall.
There is no known cure for “Thousand Cankers,” but researchers are currently working towards one.
Not only does the disease attack black walnut trees, but has been found on a number of hybrid walnut trees in various orchards across the state.
The only cure to the disease is putting a stop to it. This means trees infected with “Thousand Cankers” must be burned to the ground.
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Beef Numbers Look Up
Last modified on 2010-08-11 20:36:03 GMT. 0 comments. Top.
The California Farm Bureau is optimistic for the up coming summer, or grilling season, in relation to American beef.
Compared to past years, California producers are prepared for the season which brings in high sales for ranchers across the state, and country. Ranchers in California have had a good season with winter rains that helped nourish grass for feed and filled ponds on the land cattle graze on.
Although this winter went well, the CFBF reports that ranchers will wait one more winter to see if the improvement is consistent before increasing herd numbers.
Beef demand will also increase as the U.S. government bans the import of Japanese boneless beef following an outbreak of foot-and-mouth disease near Miyazaki on April 21.
Although Agricultural Minister Hirotaka Akamatsu told reporters in Tokyo that most cases have been discovered and the number has risen from 118,160 to 205,000 cases. Each case will be culled and animals will be treated for the disease before slaughtered to avoid any further infections. FMD is not a risk to people as it is with animals.
With the lack of Japanese beef entering the country, a $6 million industry in the United States, the demand for domestic beef will increase.
Federal Reserve stated interest rates likely to rise. Refinance your farm loan before rates go up. Call a representative by dialing 866-929-5585 or visit us online.
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Sweet Potatoes Behind Schedule
Last modified on 2010-08-11 20:29:06 GMT. 0 comments. Top.
Sweet potato crops are planted across the state of California, but producers are concerned that the weather will halt the growing process.
Spring has been generally cold and wet compared to past springs, which is harmful to sweet potato crops. Sweet potatoes thrive in warm temperatures and grow best in the heat. Generally farmers plant the seeds in the soil and cover with hot beds to generate heat.
Farmers planted crops beginning in April and have slowed down planting more sweet potato crops in fear of losses. Generally the sweet potato growing season runs from April through July, with transplanting occurring in February. Although farmers have stopped planting additional sweet potato crops, The Sweet Potato Council of California expects farmers will plant more acreage of sweet potatoes than last year.
The crops are expected later in harvest due to the cool conditions.
Sweet potatoes are not only a popular vegetable, but also used in biofuel.
Looking to refinance your farm loan before inflation hits? Farm Loan interest rates starting at 2.95% and terms up to 25 years. Visit our website for more information or call 866-929-5585 to speak with a representative.
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CA Peaches and Nectarine Crops are Ready
Last modified on 2010-08-11 20:27:46 GMT. 0 comments. Top.
California is one of the leading producers in peaches and nectarines in the United States. Across San Joaquin Valley and other parts of the state, farmers produce over 65 percent of the peaches and nectarines used for consumer sales.
As summer approaches, a multitude of peaches and nectarine varieties are hitting grocer’s shelves, but farmers say production is slightly behind.
Cold weather has pushed harvesting back seven to 10 days following cooler temperatures this spring. White grapes are also behind two weeks behind schedule because of the weather.
Warm temperatures are needed to help the fruit ripen faster on the trees. Schedules rain showers concern farmers as well as the cooler weather in fear of damage to their crops.
Although rain showers could damage the trees, farmers can also be thankful for rainfall as California enters another rough growing season. Drought conditions have been a threat to producers for three years.
Farm loan rates starting at 2.95%. Lock in before farm loan rates rise. Contact Farm Plus by clicking here or calling toll free 866-929-5585.
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Almond Acreages and Water Allocations Increase for 2010
Last modified on 2010-07-16 20:02:38 GMT. 0 comments. Top.
Things are starting to look up for producers in California.
Almonds are one of the quickest growing crops in the state of California. As the leading export crop, almond demand is on the rise. In the last year the demand has increased by nine percent according to marketers in the state.
The United States Department of Agriculture reported that farmers are responding the increased demand by planting two percent more acres of almonds this season. Exports are one of the leading ways the agricultural industry makes money.
In other news producers south of the delta can expect a 40 percent increase in water allocations for this season.
After snow pack reports are at their highest since 2006, more water is running off into the reservoir. Officials have also made deals with other companies and cities to get water from other locations as well.
This news is a breath of relief for most producers in the area following three years or minimal water usage due to drought conditions. The official announcement regarding water allocation will take place at the end of May.
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Loans Available for Drought Damage
Last modified on 2010-06-23 17:29:13 GMT. 0 comments. Top.
Drought has hurt many farms across California. Three counties were named disaster areas in the past year, and more have been added to the national registry.
Producers in Butte, Lake, Mendocine, Plumas, Shasta and Trinity counties may qualify for emergency, low-rate loans from the Farm Service Agency.
Tom Vilsack announced these counties last week. “President Obama and I understand these conditions caused severe damage to the area and serious harm to farms in California,” Vilsack said. “These designations will provide help to farmers who suffered significant production losses to more than 9,000 acres of olive crops.”
There are two different groups of eligible producers. The first is those who have suffered losses since January 2009 (to present) resulting from drought conditions. These applications must be in by May 17. Those who have suffered physical losses from May 15-31 2009 from high temperatures and lack of water can apply until May 25, 2010 for loan assistance.
Eligible producers include those who suffered a 30 percent loss, can repay the loan, keep good farm records and operate within co-ordinance of the Farm Service Agency. Farmers must also have multi-peril crop insurance.
Those who receive loans may be required to participate in a financial management training program. For more information call your local FSA office or visit their website.
In the market for a farm loan? Contact Farm Plus today for information on low-rate farm loans starting at only 2.95%. Call us at 866-929-5585 or visit us online for more information.
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CFBF Backs Whitman
Last modified on 2010-06-23 17:10:07 GMT. 0 comments. Top.
Over the past seven years Governor Arnold Schwarzenegger has been in California’s state office. Throughout his career he has dealt with a number of agricultural issues in one of the largest farming states in the country. However, producers are looking for a serious change in the industry.
The California Farm Bureau Federation announced its support for republican candidate, Meg Whitman.
“As small business owners, family farmers think it’s important to elect a governor who has had to meet a payroll and cope with all the regulations that California businesses face,” Paul Wenger, president of the federation, said via press release. “Meg Whitman will bring business sense to Sacramento that will help her cure California’s spending problems.”
One of the biggest issues pressing California is water irrigation. The state has been in a drought for over three years. The CFBF is impressed with Whitman’s support of the construction of new reservoirs. Wenger feels that this is an answer to not only help the large agricultural industry in California, but to help create jobs in the industry as well.
Governor elections are set for November.
Federal Reserve stated interest rates likely to rise. Refinance your farm loan before rates go up. Call a representative by dialing 866-929-5585 or visit us online.
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California Producers Oppose Burning Ban
Last modified on 2010-05-21 17:34:39 GMT. 0 comments. Top.
America’s Carbon Footprint is one of the nation’s biggest concerns as more and more changes are made to decrease pollution and turn to renewable energy.
Seven years ago Senator Dean Florez sponsored the SB 705 bill in California that banned agricultural burning across the state. The ban went into affect for vineyards and nut crops, but the San Joaquin Valley Air Pollution committee voted that orchards with 20 acres or less were allowed to burn until 2010.
This extension was to give small farms a chance to find a cheaper alternative to crop burning. However, some industry groups fear this is not enough time and many farmers have no found alternatives for clearing waste in their fields.
On May 30 The Air Pollution Control District is holding a hearing to decide if the Jun 1 deadline should be extended. California officials have been asking farmers to take waste to biomass plants if they have no other way to dispose of waste, but this isn’t always economically feasible for farmers.
Although waste removal is the biggest need for burning, many producers burn fields to prevent disease from spreading to new crops as well.
The topic is a heated debate amongst producers and committee members. Producers willc ontinue burning until the ban goes into complete effect. Agriculture groups are pushing for small farms to be allowed to use burning despite the bill.
Federal Reserve stated interest rates likely to rise. Refinance your farm loan before rates go up. Call a representative by dialing 866-929-5585 or visit us online.
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California Fruit Crops are Promising
Last modified on 2010-05-21 17:26:22 GMT. 0 comments. Top.
California is one of the largest fruit-producing states across the country. Currently two crops look promising for this and next year’s harvest.
Navel oranges are a large crop in California’s San Joaquin Valley. As of mid-April naval orange trees have began to bloom. As the trees blossom they give off a sweet aroma which attracts many visitors every year and are enjoyed by harvesters as they begin to pick the fruit from the trees. The harvest is expected to continue through June, but blooming will only continue through the end of April.
Cherries are generally a bountiful crop in California as well. Farmers have began harvesting California’s cherry crops, but so far the volume is small in Kern County. The early fruit is generally sent out for exports and demand is expected to be high this year. Some farmers fear that rain could damage the crops, but no damage has been reported thus far.
Inflation fears? Refinance with Farm Plus before farm loan rates rise. Farm loan rates starting at 2.95% with 25 year terms. See our rate sheet here or call, toll free 866-929-5585.
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California Production Halted by Rain
Last modified on 2010-05-21 17:24:27 GMT. 0 comments. Top.
Although the wheat and corn crops are ahead of schedule across the country, California farmers are waiting for dry weather to complete their seeding.
California farmers are thankful for any precipitation that falls since the state has been in drought-conditions for three years. However, the current rainfall is preventing farmers from completing the preparation and planting of several crops including melons, tomatoes and various vegetables.
Hail has caused damages to some tree crops such as nuts and oranges, but until mid-May farmers will not see how much damaged was actually caused by the weather.
Cold temperatures have also prevented farmers from completing the planting of cotton crops. Cotton is expected to be one of California’s largest crops after a years of being one of the smaller crops produced in the state.
California is one of the leading states in the agriculture industry. San Joaquin Valley is one of the largest producing areas for fruits, vegetables, nuts and other crops despite drought conditions.
Once the grounds dry up and weather warms up farmers expect to get back on the planting schedule.
Federal Reserve stated interest rates likely to rise. Refinance your farm loan before rates go up. Call a representative by dialing 866-929-5585 or visit us online.
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San Joaquin Valley Producers Look to the Future
Last modified on 2010-05-21 17:15:26 GMT. 0 comments. Top.
After a year of hardships, farmers in California’s San Joaquin Valley are optimistic for the future. The valley is California’s largest farming area, producing everything from nuts and dairy to wine.
From 2000 to 2008 agriculture income doubled to $7.6 billion in the valley. With the recession in full swing the biggest change seen was dairy prices. “Agriculture is the engine that can drive an economic recovery in California,” said Farm Bureau president Paul Wagner. Although prices dipped in 2009 economists expect prices to recover in 2010. Graduates in the area are having no problem finding jobs in the agricultural industry or related fields.
San Joaquin Valley is a good location for farming because the weather is warm and dry from spring to fall, which is ideal weather for growing a variety of crops. Farmers face hardships in the area such as water restrictions, animal rights activists and rising environmental improvement costs to lower pollution and improve air quality. Despite these problems producers continue to put money back into California’s economy by supplying jobs and purchasing seed and equipment from other companies across the state.
As economic conditions improve, San Joaquin Valley is expected to grow even more with farms, ranches and wineries.
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California Producers Expect Improved Conditions
Last modified on 2010-05-13 16:48:59 GMT. 0 comments. Top.
The California Farm Bureau is already noting changes in two of California’s largest markets.
California is known for its wine and as the world’s recession is slowly easing up, sales of finer wines are increasing. The USDA reports that the world wine trade stalled for the past two years as consumers in American and worldwide have switched to lower-priced wines. However, slowly the market is climbing back up worldwide. Although the market never completely died off it was always strongest in Europe and Canada.
Timber farmers in California are also seeing improved conditions. Over the past year the demand for wood has increased and prices have even increased. The demand for redwood and Douglas fir are increasing as timber farmers prepare for the upcoming logging season. The official season starts once the winter rains dry up. Although the industry is seeing improvements timber farmers still report that the industry is in “a dark hole.”
Inflation fears? Refinance with Farm Plus before farm loan rates rise. Farm loan rates starting at 2.99% with 25 year terms. See our rate sheet here or call, toll free, 866-929-5585.
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California Farm Bureau Supports Nominee
Last modified on 2010-05-13 16:45:37 GMT. 0 comments. Top.
The California Farm Bureau released a statement that said they fully support U.S. Senate nominee Carly Fiorina. The Republican congresswoman has big plans for California businesses.
California Farm Bureau President Paul Wenger said, “Carly Fiorina seems like an obvious choice for us. As a business leader, she understands how important it is for government to live within its means. She knows how government regulation may start out with good intentions but can end up crushing small businesses under a mountain of paperwork.”
Fiorina has ideas for economic growth in California including lower taxes and less unnecessary regulations.
Fiorina plans to restore waterflow to farms and ranches, which would make one of the biggest impacts to farm bureau members. Wenger also said, “She has pledged to work diligently to bring relief to the thousands of farmers and their employees who face chronic water shortages. We need more action in Washington to create sensible, balanced policies that benefit both our environment and our economy.”
Voting takes place in the general election this fall.
In need of a farm or ranch loan? Rates are at historic lows starting at only 2.95%. Call 866-929-5585 to speak with a Farm Plus representative today or visit us online for more information.
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California Welcomes Solar Project
Last modified on 2010-02-09 01:31:36 GMT. 0 comments. Top.
The first photovoltaic solar farm will be built in Mendota, California in the new year.
The five megawatt AC facility will use technologies from Satcon Technology Corporation. Satcon has been a leader in renewable energy for 24 years.
This is the first farm of its type to be approved by the California Public Utilities Commission under the Renewable Portfolio Standard Program.
“We are excited to be part of the CAlRENEW-1 project, which clearly demonstrates the increased role of large scale solar power production as an integral part of tomorrow’s energy network,” said Steve Rhoades, President and Chief Executive Office of Satcon Technology. “Our continued focus on developing the highest performing, most reliable, and most advanced utility ready solar PV inverter systems allow us to deliver the solutions that enable utilities to effectively integrate solar power as a secure and cost effective renewable energy source.”
Farm loan rates starting at 2.99%. Lock in before farm loan rates rise. Contact Farm Plus by clicking here or calling toll free 866-929-5585.
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California’s Livestock Forage Disaster Program
Last modified on 2009-12-08 18:28:07 GMT. 0 comments. Top.
California producers applying for assistance under the Livestock Forage Disaster Program (LFP) must apply by December 10.
USDA Farm Service Agency State Director Val Dolcini reminds those eligible that all losses from the 2008 calendar year by the deadline. Any losses that are from the 2009 calendar year must be made by January 30, 2010.
The program provides payments for livestock producers who had livestock grazing losses from drought or fire. The program only applies to federally managed rangeland.
“It is imperative that livestock producers meet these deadlines for disaster assistance as there are no late file provisions for LFP,” said Dolcini. “To insure a smooth application process, producers should have all required supporting documentation with them at the time they visit our office to apply for benefits.”
For more information on droughts click here. To read more about the LFP visit this website.
Farm loan rates starting at 2.99%. Lock in before farm loan rates rise. Contact Farm Plus by clicking here or calling toll free 866-929-5585.
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Farmers Suffering From Drought
Last modified on 2009-12-08 18:21:43 GMT. 0 comments. Top.
California is currently in its third year of drought. One of the hardest hit places is San Joaquin Valley where half of the U.S. fruits, nuts and vegetables are grown.
The problem is so bad that legislators are working day and night to figure out a plan to overhaul the state’s water management system. This plan includes rules that force residents to use 10 percent less water by 2015.
CBS reports that California is buckling down to the current drought laws. The L.A. Department of Water and Power is going around handing out warnings and $600 fines for violators.
The strict conservation efforts must be met because half of the large state is in severe drought.
Farmers are the hardest hit. Todd Allen, a wheat farmer in San Joaquin Valley, told CBS he could only harvest 40 of his 600 acres. “It’s getting to the point where give me water or give me death,” he said. “I laid off five employees and some of them have been working here anywhere from 15 to 20 years.”
Many farmers are leaving acres upon acres unplanted. Over half a million California farmland acres were not planted this season. Farmers point fingers at more than just the drought. They feel that many of the conservation laws are putting a damper on planting. One concern is the laws protecting delta smelt. Water pumps are turned down allowing less water through so the endangered fish is not sucked into the pumps.
With less produce being grown, the United States must depend on imported produce which does not always meet United States health standards. “Imported produce is three times more likely than produce that was grown in the U.S. to have salmonella or shigella or other contaminants that can sicken consumers,” said Elanor Starmar of the advocacy group Food & Water Watch.
Looking to refinance your farm loan before inflation hits? Farm Loan interest rates starting at 2.99% and terms up to 25 years. See our rate sheet or call 866-929-5585 to speak with a representative.
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Storage Loans Available
Last modified on 2009-12-08 19:01:52 GMT. 0 comments. Top.
The California Department of Food and Agriculture announced a program that offers federal low-interest loans for upgrading or building storage facilities.
Loans will be available for up to $500,000 according to a press release from the CDFA. Those interested and eligible must supply a 15 percent down payment with the USDA Commodity Credit Corporation, and the loan will cover the remaining 85 percent. The loan will be in terms of seven, 10 or 12 years based on the amount of the loan.
These loans stem from the 2008 Farm Bill and all applications must be submitted to your local Farm Service Agency.
Are you in need of a loan? Contact Farm Plus today. We work alongside government agencies like the FSA to help you get the low-rate loans you need. Call 866-929-5585 or visit our website for more information.
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Disaster Loans Available in California
Last modified on 2009-10-30 19:47:19 GMT. 0 comments. Top.
California droughts aren’t new news. For years farmers have been facing these problems slowly cutting back more and more on their agriculture business. However less business means less money.
To help farmers deal with the economic pressures of droughts, the USDA has announced 50 of California’s 58 counties as natural disaster areas. This declaration means farmers who have suffered losses from the droughts can apply for low-rate loans through the government.
Although the loans help with the economic aspect, farmers are uncertain what will happen with the water supply. “It was an average waterfall year, and we received a 10 percent supply,” says S
arah Woolf with the Westlands Water District.
Lawmakers are trying to push a “Two Gates” program that would pump water from the Sacramento-San Joaquin Delta to areas across the state. However this project could cost up to $25 million.
Looking to refinance your farm loan before inflation hits? Farm Loan interest rates starting at 2.99% and terms up to 25 years. See our rate sheet or call 866-929-5585 to speak with a representative.
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USDA Looking for Input on New Program
Last modified on 2009-10-30 19:40:28 GMT. 0 comments. Top.
The USDA held its first meeting this week to hear what growers and shippers think about the new leafy greens safety plan that may go into effect.
The main concern the USDA has is deciding if there is enough interest in the leafy green industry to implement a voluntary national agreement similar to the Leafy Greens Marketing Agreement (LGMA) that went into effect after the 2006 E.Coli outbreak from spinach.
The plan allows leafy green handlers to use a USDA-approved food safety seal if they follow certain practices. This would give consumers assurance that extra precautions have been made to grow safe leafy greens.
California is the first state to use the LGMA and 99 percent of farmers use the agreement.
So far the USDA has received 3,000 comments about the new plan and the greatest concern is that small growers may be at a disadvantage if it’s a one-size-fits all approach.
Looking to refinance your farm loan before inflation hits? Farm Loan interest rates starting at 2.99% and terms up to 25 years. See our rate sheet or call 866-929-5585 to speak with a representative.
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Assembly Bill 856 Returned
Last modified on 2009-09-24 18:48:59 GMT. 0 comments. Top.
California’s Assembly Bill 856 has been sent back for review. The bill increases penalties for violations of organic fertilizer standards, expands the state regulator’s inspection authority and raises fees for enforcement by $416,000 annually.
Assemblywoman Anna Caballero (D-Salinas) introduced the bill following a number of violations across the country. One major factor was the now famous case, “The Bee Investigation” that found a Salinas-area farm was selling “organic fertilizer” that was topped with nitrogen. This practice is banned in organic farming, not because it is harmful, but because it is generated by creating a lot of energy. Although the practice is highly against organic standards, California Liquid Fertilizer was forced to pull the product and was not penalized.
Government officials feel penalties would prevent this from happening again. In February the Department of Food and Agriculture supported AB 856 that changed the standards for organic fertilizers. This issue is important in California because 60 percent of organic acres are in California.
Looking to refinance your farm loan before inflation hits? Farm Loan interest rates starting at 2.99% and terms up to 25 years. See our rate sheet or call 866-929-5585 to speak with a representative.
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Citrus Greening Disease
Last modified on 2009-09-24 18:16:07 GMT. 0 comments. Top.
Many factors have threatened crops this season and one is lurking onto California citrus crops.
An Asian citrus psyllid was found in a trap of a California homeowner’s citrus tree in Echo Park. This species can potentially carry a fatal citrus disease. Producers in the $1.6 billion citrus industry have many concerns.
“This pest can travel, and it can do so quickly and easily,” said Ted Batkin, president of the California-based Citrus Research Board. The pest can carry a disease that is the biggest threat in the modern history of the citrus industry.
Fortunatley the psyllids testing negative for huanglongbing, the citrus greening disease. This disease not only spoils the fruit, but it kills the tree as well.
The pest was first found in America in 1998 when Florida’s citrus industry was destroyed. It also made a comeback in 2005.
“We’re about as concerned as we can be,” Batkin said.
Officials are working to fight the pest and keep California free of its wrath.
Looking to refinance your farm loan before inflation hits? Farm Loan interest rates starting at 2.99% and terms up to 25 years. See our rate sheet or call 866-929-5585 to speak with a representative.
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Watermelon Farm Closed
Last modified on 2009-08-28 23:24:58 GMT. 0 comments. Top.
California agriculture inspectors have closed a Bakersfield (California) watermelon harvesting operation for violating safety rules.
17 workers at the farm were found working in temperatures exceeding 90 degrees on August 10 at Uri Bros. Farm Inc. Not only did the workers work in such high degrees, but they also had no access to shade, water and did not receive lunch breaks.
Young Lee, the farm’s owner is planning to appeal the decision. Last year three people died from extreme heat exhaustion working on farms in California
When running your operation it is important to follow your state’s safety codes. Contact your local FSA for more information.
Farm Plus has low-rate farm loans available. Farm loan interest rate sheets can be found on our website. Call 866-929-5585 to speak with a representative or visit our website for more information on farm loans.
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Vilsack Tours California… an Answer in the Future?
Last modified on 2009-08-28 22:48:59 GMT. 0 comments. Top.
USDA Secretary Tom Vilsack and California’s senior senator Dianne Feinstein promised farmers they would work towards a solution for the ever-growing water crisis that has hit California in recent years.
Vilsack toured the state on Wednesday listening to concerns from farmers, meat packers and other producers. These concerns ranged from trade tariffs to problems in the citrus industry. However, the biggest concern was California’s failing ecosystem.
California producers have faced a drought for the last three years. The restrictions on delta water deliveries, to protect native fish, have caused farmers to lose more than a quarter-million acres of land as well as left thousands of people without jobs.
“I understand these are serious issues with serious consequences,” Vilsack said. “I will tell the President it’s not just about California, but it’s about the country and the world.”
Feinstein began a water summit following Vilsack’s visit in Coalinga. Major growers from Sacramento Valley to Los Angeles made the journey to be heard.
“We are the largest agricultural state in the union and if agriculture can’t function here, it means more and more of our food will be brought in from other countries,” Feinstein said. “I think we need to stay out of the courts and sit down around the table … to find solutions.”
Recently there have been a number of legal battles over the slim water supply causuing reduced irrigation flows to the valley. Drought has resulted from the low level of rainfall, leaving delta and rivers for the soul purpose of housing native fish. For the past two years salmon season has been called off due to the drought as well.
Water managers are looking to take steps to prevent harm to the fish by presenting the “Two Gates Proposal.” Water management has $27 million available to finance a gate that would keep fish from being killed by the pumps.
During his tour, Vilsack said this problem may just be affecting California now, but it should be a wake up call for every other state.
Are you in the market for a farm loan? Look no further! Farm Plus Financial has low-rate farm loans available today. Call 866-929-5585 or visit our website for more information.
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Salmonella Outbreak
Last modified on 2009-08-28 22:40:04 GMT. 0 comments. Top.
Tanimura & Antle Inc. of Salinas, California recalled 22,000 cartons of romaine lettuce because they could be contaminated with salmonella. The lettuce was sent to grocers and restaurants in Wisconsin and 28 other states.
The recall was voluntary and was for cartons and wrapped romaine with the code 531380. The lettuce was harvested between June 25 and July 2. Officials are reviewing the food safety procedures at Tanimura & Antle Inc. to assure an outbreak does not occur again. Salmonella is a serious illness that can even cause death.
Are you in the market for a farm loan? Look no further! Low-rate farm loans are available today at Farm Plus Financial. Call 866-929-5585 or visit online for more information about farm loans.
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Vineyard Financing Available
Last modified on 2009-05-13 16:19:00 GMT. 0 comments. Top.
Money for Vineyards, where is it?
No question, the United States economy is in decline and has been for quite some time. However, while the economy may be suffering, money is still accessible for the viticulture industry. It may be harder for Americans to borrow money for commercial and residential purposes, but agricultural lending remains strong and interest rates are near historic lows. The recent economic crisis has dramatically weakened many sectors of the American economy. One sector that continues to show strength is agriculture. This applies to both general and viticulture agriculture. With a high demand for many types of commodities, including grapes, vineyard real estate prices show increasing performance. Most areas produce strong appreciation year after year. Given this remarkable strength and perseverance, some financial institutions will make it a point to lend money for farm, ranch and vineyard purposes.
Subprime mortgages are largely to blame for the lending crisis as well as the overall economic crisis. Financial institutions that invested in these dangerous loans have suffered heavy losses, losses that have depleted the capital available to loan to ordinary Americans. Many of the banks that risked money in subprime loans have been purchased by larger companies or, even worse, filed for bankruptcy protection.
For those of you unfamiliar with subprime mortgages, they are generally residential real estate loans made to a borrower with a weaker credit profile than that of a prime borrower. Although there is no standardized definition, in the United States, subprime loans are usually classified as those where the borrower has a credit score below a certain level. Typically these borrowers have a score below 660. Subprime borrowers have a higher likelihood of than prime borrowers do because of this weaker profile. Subprime mortgages were securitized and sold on the secondary market to investors like Lehman Brothers, Bear Stearns, Washington Mutual and IndyMac Bank, to name a few. The difficulties of many of these large-scale banks and financial institutions are well known, but now even smaller community banks across the country are feeling the economic pinch. These banks include Superior Bank of Hinsdale, Illinois, Main Street Bank of Northville, Michigan and Mutual Bank of Park City, Utah.
In wake of the market turmoil many banks rewrote underwriting guidelines and, in some cases, froze lending capital until America’s markets stabilize. Farmer Mac, on the other hand, is making positive, proactive moves during this recession. Charted in 1988, Farmer Mac (Federal Agricultural Mortgage Corporation) was created to provide relief to agriculturalists in a time of double-digit interest rates. This government chartered program guarantees the loan portion a financial institution would otherwise assume all the risk of. A loan Institution that utilizes Farmer Mac’s guarantee program will have the ability to offer low interest rates and fixed terms to their agricultural customers, including vintners. This enables the agriculturalist to cut loan costs and increase the bottom line, ultimately ensuring that many agriculturalists will not see the effects of the “credit freeze.” Because of the financial strength and stability of Farmer Mac and the program’s persistence in product development, many financial institutions whose lending practices focused on farm, ranch and vineyard operations have been fortunate enough to survive a tidal wave of bank closures and losses. One can only speculate what the future will hold, but many economists believe the viticulture community will continue its path of perseverance.
Several different ratios are used in determining the eligibility of a loan for a vineyard through Farmer Mac. One Farmer Mac program in particular allows for a very lenient 1.00-1 debt-service-coverage-ratio. A debt-service-coverage-ratio, (DSCR), is a calculation used to determine whether income from the borrower can service the debt. To calculate debt service coverage, divide the net income by total debt for the subject property. A DSCR greater than 1 indicates a positive cash flow, and a DSCR less than 1 indicates negative cash flow. The average debt-service-coverage ratio accepted amongst many agricultural lending institutions is 1.25-1 and in this market environment you’ll see some lenders restrain their customers with debt-service-coverage ratios of 1.45-1. In most cases it’s the debt-service-coverage ratio that disqualifies borrowers from being approved. Another commonly used ratio is the loan-to-value ratio. Farmer Mac allows for a maximum of 70 percent and a maximum of 100 percent combined-loan-to-value-ratio.
It may be hard to believe, but, yes, it is possible to obtain 100 percent financing for a permanent planting operation, such as a vineyard, as long as the property’s income can support its debts. This can easily be calculated with the debt-service-coverage ratio. Often lending institutions will only allow for a maximum of 50 percent loan-to-value ratio for permanent planting operations and it’s extremely rare to see a lender allow for 100 percent combined-loan-to-value ratios. The minimum credit score for a Farmer Mac program is 660 compared to many other lending institutions with minimum scores as high as 700. You can now see how large the variances can be in underwriting criteria from lender to lender. Your lender can play a significant role in your operations success.
Farmer Mac recently announced a record loan guarantee portfolio of $9.8 billion dollars. In addition, Farmer Mac officials quoted a historically low default .11 percent. Farmer Mac is known for offering innovative loan programs to benefit vintners and agriculturalists, alike. With continued growth, record loan volume, solid leadership and record low default rates you can rest assured Farmer Mac will be here today, and tomorrow, to help financial institutions provide outstanding loan products to their customers, the viticulturists and agriculturalists.
How to get a Farmer Mac loan:
Farmer Mac loans are secured by agricultural real estate. Viticulturists can obtain one of these loans by requesting a loan through a Farmer Mac lender. You may use a Farmer Mac loan for refinance purposes, expansions, or to purchase agricultural property. To learn more call Josh Mitchey at 866-929-5585 or email him at josh@farmplusfinancial.com. http://www.farmplusfinancial.com
Written by: Josh Mitchey, Business Development Manager, Farm Plus Financial.
Edited by: Justin Ellison, Dept. of History, University of Indiana
Sources:
http://www.fdic.gov/bank/individual/failed/banklist.html
http://www.farmermac.com/company/profile/profile.aspx
Farmer Mac - - press release (8/11/2008)
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Emergency Loans for Tehama County
Last modified on 2009-04-15 01:41:02 GMT. 0 comments. Top.
Emergency loans are available in California for producers in Tehama County. Tehama County is one of the many areas affected by the droughts that have occurred since Jan. 1, 2008. The loans are to help with physical or production losses from the droughts.
Farmers have one month to apply for the loans according to Tom Roberts, Tehama County’s Farm Service Agency manager.
Some of the eligibility requirements:
• Have suffered at least 30 percent loss of normal production directly related to drought.
• Be able to repay the loan and any other loans.
• Be unable to obtain credit elsewhere.
• Have adequate security.
• Have multi-peril crop insurance, if available.
• Meet other eligibility criteria.
Applicants must complete a certification of disaster losses that include exact dates of disaster and how much loss or damage has occurred.
If you are interested in applying for a farm loan or ranch loan please contact Farm Plus today. Farm Plus works alongside government agency including the Farm Service Agency to assist you with the agriculture loans you need. Call 866-929-5585 or visit online for more information.
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California Farm Loans - Purchase, Refinance, Expansion
California sells more agricultural products than any other state in the United States. Much of California’s products are sold all over the United States and beyond. California is # 1 in production of items such as fruits, tree nuts, berries, grapes and milk. No question, California is the Mecca of agricultural production and it’s very important to the United States. With some of the issues California’s agriculturalists face today it becomes necessary to entrust a lender who understands and cares about those issues. Farm Plus Financial sees the importance of quality relationships with our clients and we strive to provide the best farm loan products available. Searching for a farm loan or ranch loan can be a daunting task which is why we’ve worked hard to develop and provide our clients with a streamlined loan process, exceptional customer service, competitive loan products and a fantastic overall loan experience. Whether you are searching for a farm loan for a refinance, purchase or expansion, we’re here to answer your questions. Call toll free 866-929-5585 to speak with a Loan Specialists today.