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Archive for the ‘Nebraska Farm Loans’ Category

Nebraska Cropland Grows in Value

Wednesday, March 31st, 2010


Image courtesy of: University of Nebraska-Lincoln IANR

The 2010 University of Nebraska-Lincoln Farm Real Estate Survey reports that Nebraska agricultural land has increased in value as of February 2010.

Dry cropland with no irrigation potential increased by 6.4 percent and that land with irrigation potential increased by 7.3 percent according to the survey. Gravity irrigated cropland rose by 5.2 percent and center-pivot irrigated cropland also rose by 6.1 percent.

Bruce Johnson, leader of the survey and agricultural economist at the University of Nebraska-Lincoln, said an overall statewide increase of 4.4 percent is attributed to upward gains of cropland and downward pressure from rangeland.

See the full report here.

Looking to invest in farm or ranch land? Now it the time with historic low interest rates! Farm Plus offers agriculture and land loans starting at 2.95%. Visit our website or call us at 866-929-558 for more information.

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Top Five Concerns for Nebraska Farmers in 2009

Monday, February 8th, 2010

The Nebraska Farm Bureau has released a list of the top five agricultural problems for Nebraska producers in 2009.

It is not a surprise to many that the number one concern for producers in 2009 was the livestock industry. With such epidemics as the H1N1 virus, many people were apprehensive to buy pork. There was also a strong decline in exports overseas. Farm Bureau President Keith Olsen said, “The year 2009 was a year most livestock farmers would like to forget.”

The second biggest concern was a late harvest. The harvest was comparable to the slowest harvest ever recorded in 1972. The high moisture level in the soil was to blame.

Water problems and developments with the Republican River compliance, The Lower Platte Basin and integrated management plans also greatly affected producers in 2009. “Agriculture has a lot of issues related to water that are being dealt with,” Olsen said.

Another problem in 2009 was the increase of interest in animal cruelty and production tools. Many bans and plans for laws put a strain on many producers. This includes animal tagging and the treatment of livestock animals.

Finally the use of commodity check-off funds influenced the industry by helping balance the state’s deficient.

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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Soybeans are the IT Crop

Tuesday, December 8th, 2009

Although soybeans are the most desired crop in the U.S. this season, they are at their lowest price this month and most of it is thanks to favorable weather this summer.

Nebraska is the fifth-biggest soybean-producer and found that pod counts are up 9.1 percent from last year. Experts say the crop is “unbelievable” and the weather is to thank.

Prices for soybeans dropped to its lowest of $9.405, its lowest since July 30. However, it made a recovery to $9.58 a bundle.

Soybeans are the second-biggest crop bringing in $27.4 billion annually. Act now to join the booming industry.

Need a low-rate farm loan to help give your business a boost? Contact Farm Plus today! Call 866-929-5585 to speak with a representative or visit our website for more information.

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Sugar Beets are Sweet Crops

Friday, October 30th, 2009

Montana sugar beet growers are looking forward to a large crop.

Estimates show that prices will be near $50 a ton, the highest it has been in 28 years. This is partially due to the world’s current sugar shortage.

The Western Sugar Cooperative believes farmers will yield an average of 31 tons per acre.  Although sugar beet farmers are expected to rise above the average numbers, 60 percent of farmers in Colorado and Nebraska are not expected to fair as well with crops damaged from hail.

In the market for a farm loan? Farm Plus offers low-rate farm loans starting at 2.99%. Call today for more information on our current rates. A representative is available at 866-929-5585 or visit our website for more information.

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Organizations Come Together to Express Gratitude for the Safety net Program.

Wednesday, February 25th, 2009

It’s no secret that American farmers provide our country with an abundance of food, but also fuel, fiber and feed. Farmers, and many Americans quite possibly, agree that the government needs to protect the industry especially in our current economic crisis.

The USA Rice Federation along with 10 other national and regional farm groups recently wrote a letter to the Agriculture Secretary Tom Vilsack reassuring their strong support for the 2008 Farm Bill’s safety net. The letter not only showed their support, but explained why it is so important for the public.

“That benefit is due to the hard work of American farmers and the safety net that provides both stability and a small degree of certainty to farmers in an industry where risk is enormous and can be impossible for a producer to control,” the letter said according to the Delta Farm Press.

After the passing of the 2008 Farm Bill, commodity prices have greatly decreased. The fixed direct payment, part of the safety net program, is the only thing “currently helping every farmer with base acres to deal with steep increases in input costs, dramatic commodity market swings, and increasing uncertainty in the credit markets that they rely on to keep their farms running.”

The organizations hope to discuss further safety issues with Vilsack.

Despite current economic woes, farm loans are available and now is as good of time as any to make your farm dreams come true. Farm Plus has many opportunities for farm loans. Call 866-929-5585 or visit online for more information on farm loans.

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High-Speed Internet Gives a Competitive Edge

Thursday, February 19th, 2009

Economic development officials pushed to provide two rural counties with national rankings for high-speed Internet access on farms and have seen great success thanks to aggression.

The development project is for Kearney County, Nebraska and Clay County, Iowa. Developers feel that the broadband access will gives farms in the area a competitive edge.

“We may have someone from Minden, Nebraska, come up with the next Yahoo,” said Lisa Stadler, executive director of the Kearney County Economic Development Agency based in Minden.

According to the 2007 agriculture census, Kearney County, Nebraska ranks seventh among rural counties with the highest percentage of farmers connected to high-speed Internet. 65 percent of Kearney County’s farms are connected to high speed Internet.

Clay County on the other hand ranks 20th with 58 percent of its farms connected to high-speed Internet.

The numbers are most important because they show that rural farms have the opportunity to run modern businesses. The Internet provides not only connection to less rural areas, but it is a gateway to deliver goods and services as well as strike up more business. Farmers mostly rely on it to conduct business that cannot be done face to face.

In comparison to the rest of the country, Kearney County, Nebraska was beat by Nantucket (Mass.), Pitkin (Colorado.), Hood River (Oregon.), and three other ski counties in Colorado.

If you are interested in buying rural land for agriculture, farm loans and ranch loans are available today. Contact a representative at Farm Plus with any questions about farm loans or ranch loans. Interest rates are at historic lows.  Call toll free 866-929-5585 or visit online for more information.

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