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Archive for the ‘Kansas Farm Loans’ Category
Thursday, February 25th, 2010
During the 2009 Fiscal Year, family farmers in Kansas received $147,683,765 in direct and guaranteed loans according to USDA state executive director, Adrian J. Polansky.
“This has been a record year for the number of loans made and dollars loaned,” Polansky told the Highplains Journal. “Some of the money was made available through the American Recovery and Reinvestment Act of 2009 to stimulate rural economies.”
931 Direct and Guaranteed Farm Operating Loans totaled $88,583,914. This money was used for planting and harvesting, livestock purchases and machinery.
$4,382,730 was distributed to socially disadvantaged farmers while $23,226,567 was given to beginning farmers and $335,956 was used for youth applicants.
Emergency loans were distributed to a number of Kansas producers totaling in $614,930.
Many loans are offered to farmers in need. If you are interested in obtaining a low-interest loan contact your local Farm Service Agency Office or Farm Plus today. We offer loans starting at 2.99% and will work alongside government agency like the FSA to help you obtain the low-rate loans you need. Call us today at 866-929-5585 or visit us online for more information.
Tags: kansas, loans, usda
Posted in Kansas Farm Loans | No Comments »
Tuesday, December 8th, 2009
3 million acres of farmland are being taken out of the federal conservation program and may be tilled. The change has many environmentalists concerned about wildlife habitat, water quality and soil erosion.
39 million acres of farmland across the country are protected by the Conservation Reserve Program, but 3.4 million acres were taken out in September. The removal stems from present owners’ not renewing their contracts.
A change in the 2008 Farm Bill also caused the removal because the bill caps the program at 32 million acres.
Most of these acres are located in Texas, Kansas and Colorado. North and South Dakota, as well as Montana are also effected.
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.
Tags: conservation program
Posted in Colorado farm loans, General, Kansas Farm Loans, North Dakota Farm Loans, South Dakota Farm Loans | No Comments »
Friday, August 28th, 2009
T. Boone Pickens, a Texas oil billionaire, had plans to build one of the largest wind farms in Texas. However, now he has put a halt on those plans and is looking for the perfect location for a smaller, trial wind farm.
Mesa Power, owned by Pickens, canceled the order of 667 wind turbines from General Electric Co. and the 120 land leases. The plan was to generate 4,000 megawatts on 400,000 acres of land.
Pickens assured that the orders were not canceled forever, but rather delayed until the economy gets better.
The cost of the farm is slated at $8 billion, and instead Pickens is investing $2 billion in wind turbines that should be ready by 2011. Mesa’s plan is to find land to put the turbines on and Pickens suggested he is looking at land in Texas, Oklahoma, Wisconsin and Kansas.
Do you need a farm loan? Farm Plus has low-rate farm loans for all your farming needs! Call 866-929-5585 or visit online for more information.
Tags: pickens, renewable energy, wind farm
Posted in Kansas Farm Loans, Oklahoma Farm Loans, Wisconsin Farm Loans | No Comments »
Wednesday, February 25th, 2009
Although many are worried about the drop in dairy prices, a USDA report announced that milk production is up by 1 percent compared to last year. These numbers are based on the production of the 23 leading dairy states in the country.
The increase in production may be indirectly related to the increase in the number of cows. Compared to last year, cow numbers are up by 58,000 compared to last year, but down by 12,000 compared to 2007.
The 2008 summary also showed U.S. milk production climbed over 2.3 percent in 2007 over 190 billion lb. Per cow, milk was 20,396 lb. which is up from 192 lb. in 2007. In January milk production decline 1.4 percent and cow numbers declined by 7,000 and milk per cow 20 lb.
Texas gained the most by increasing by 13 percent in milk production with cow numbers climbing 28,000 head over a year ago.
Kansas increased by 10.6 percent jump in milk production while Colorado and New Mexico were up by 5.5 percent in milk.
Among the other largest dairy states, Wisconsin was up 1% in milk and 5,000 in cows. New York was up just 0.3% in milk, with cow numbers actually declining 2,000 head. Idaho was up 0.9% in milk and 20,000 in cows. Pennsylvania was down 0.3% in milk and 2,000 head in cows.
These numbers are promising compared to other news in the dairy industry. If you are interested in purchasing or refinancing a dairy farm please contact a representative at Farm Plus Financial today. Farm loans are available. Please contact Farm Plus with any questions on farm loans. Call 866-929-5585 or visit online.
Posted in Colorado farm loans, General, Kansas Farm Loans, Wisconsin Farm Loans | No Comments »
Wednesday, February 11th, 2009
One of the latest debates in congress- a tax on animals that pollute the air. Many farmers, and the public, find it completely absurd that the government wants to put a tax on gaseous animals that pollute the air.
The cow tax comes as part of the Environmental Protection Agency report after a Supreme Court Ruling in 2008 that greenhouse gases from motor vehicles pollute the air.
The Environmental Protection Agency said each ranch and farm would pay an annual fee of $175 for every dairy cow, $87.50 for every head of beef cattle and $20 for every hog.
The fees would affect those who emit more than 100 tons of carbon emissions a year. Farms that have more than 25 dairy cows, 50 beef cattle or 200 hogs would be effected.
According to the EPA despite the ability to convert unusable plant materials into fiber and food, cows release methane into the air. This gas contributes to global warming.
Farmers in Douglas County (Kansas) find it upsetting and point out it will destroy the industry.
“It’s ridiculous,” said Joyce Williams, of MJ Ranch, 3105 Wild Horse Road told LJ World.com. “That would eliminate agriculture in our country almost, if all animals were taxed. We can’t do that; it’s just almost unthinkable.”
Luckily for farmers, the EPA is most concerned with focusing on air pollution produced by factories and motor vehicles. This year’s technical report hardly touches on the proposed livestock tax.
If you’re in the market for financing to start your own farm, be sure to contact Farm Plus Fianancial. Two ways to contact a Farm Plus representative, either by clicking here or call them toll free at 866-929-5585.
Tags: cow tax, kansas, tax
Posted in General, Kansas Farm Loans | No Comments »
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