Rushville Republican

Agriculture

November 30, 2012

FSA Conservation Loans available

RUSHVILLE — Farm Service Agency (FSA) State Executive Director Julia A. Wickard has announced that funds are now available for Guaranteed Conservation Loans.

Conservation Loans allow farmers to implement conservation practices on their land that will help protect natural resources.

“Guaranteed Conservation Loans are a useful tool to help operators implement any Natural Resources Conservation Service (NRCS) approved conservation practice including, but not limited to, waste management systems, conservation structures or water conservation measures,” said Wickard. “FSA works closely with NRCS on a variety of programs and this service is one that amplifies that relationship.”

Unlike other FSA guaranteed loan programs, Conservation Loans are not limited on farm size. Operators who may not normally qualify for an FSA guaranteed farm operating or ownership loan could be eligible for a Guaranteed Conservation Loan.

The Guaranteed Conservation Loan limit is $1,302,000 and interest rates and terms will vary. The maximum guarantee FSA can issue is 75 percent.

A streamlined application process is available for applicants with a strong financial position. The streamlined process reduces paperwork requirements and eliminates the requirement to provide a cash flow statement and supplementary documentation.

Interested applicants who do not already have a conservation plan approved by NRCS should work with their local NRCS staff to develop a conservation plan. As with other guarantees, lenders can reduce risk, increase liquidity and offer lower rates by selling the guaranteed portion in the secondary market.

For questions regarding Guaranteed Conservation Loans contact your lender or your local FSA county office.

1
Text Only
Agriculture
  • Q and A: Peas Best as Early-Spring Crop Q. This year some of our peas started to die. This would start by the (rusty) post where my husband anchors a pea fence. Then the disease spread to other pea plants in the row. It went from the post and progressed east. The plants west of the post di

    August 22, 2014

  • ASA announces date for Succession Planning Workshop ST. LOUIS -The American Soybean Association (ASA) Succession Planning Workshop in Columbus, Ohio is rescheduled for Jan. 15, 2015.“The information provided in these workshops is very important for soybean producers to hear and understand so they can

    August 22, 2014

  • Purdue assisting with study for regional food hubs WEST LAFAYETTE - Purdue Extension will host meetings throughout Indiana for specialty-crop producers, wholesalers and community leaders to help the Indiana State Department of Agriculture assess the potential for a statewide network of regional food

    August 22, 2014

  • Purdue: Shale oil 'dividend' could pay for smaller carbon footprint WEST LAFAYETTE - Unanticipated economic benefits from the shale oil and gas boom could help offset the costs of substantially reducing the U.S.’s carbon footprint, Purdue agricultural economists say.Wally Tyner and Farzad Taheripour estimate that sha

    August 22, 2014

  • ag-rv081514-extension awards pic Women honored with extension awards for dedication to agriculture WEST LAFAYETTE - Purdue Extension honored two women for their dedication and service to agriculture with the Women in Agriculture Achievement and Leadership awards Wednesday evening (Aug. 13) at the Indiana State Fair.The Achievement Award, which rec

    August 15, 2014 1 Photo

  • Abundant corn, soybean crops expected again in Indiana, nation WEST LAFAYETTE - The federal government expects Indiana and the nation to grow bumper crops of corn and soybeans for the second consecutive year, adding to already adequate supplies but further holding down prices farmers will get for their productiv

    August 15, 2014

  • Pinney Purdue field day Aug. 20 WEST LAFAYETTE - The 2014 Pinney Purdue Field Day on Aug. 20 will enable participants to stay current on agricultural production issues and visit with fellow producers as well as supply and service exhibitors.Pinney Purdue Agriculture Center is at 1

    August 15, 2014

  • Purdue: Cover crops make stover more profitable WEST LAFAYETTE - Farmers using cover crops as a soil conservation method can remove much more corn stover per acre for biofuels or other uses and at the same time potentially increase their income, Purdue University research shows.The research points

    August 8, 2014

  • ASA responds to Russian ban on U.S. food imports WASHINGTON - In response to Russian President Vladimir Putin’s announcement Wednesday of an impending retaliatory ban on a significant number of agricultural imports to Russia, American Soybean Association President Ray Gaesser highlighted soybean fa

    August 8, 2014

  • Programs to analyze crops report, farm bill WEST LAFAYETTE - Farmers attending two Purdue Extension programs at the Indiana State Fair on Tuesday (Aug. 12) will get a good idea of how corn and soybean crops are shaping up for the fall harvest and how the yields could guide financial decisions

    August 8, 2014

Featured Ads
AP Video
Raw: Rescue Efforts Suspended at Japan Landslide Raw: Bodies of MH17 Victims Arrive in Malaysia Raw: Smaller Marches in Ferguson Marathon Suspect's Friend Pleads Guilty Attorney: Utah Eatery Had Other Chemical Burn Farm Resurgence Grows With Younger Crowd Microbrewery Chooses Special Can for Its Beer Ky. Firefighters Hurt in Ice Bucket Challenge Federal Investigation Will Look at Use of Force Community Deals With Michael Brown Aftermath US: We Do Not Pay Ransom to Terrorists Ferguson Teachers Training to Deal With Trauma Jon Hamm on the Unrest in Ferguson Tit for Tat? McDonald's Shuttered in Moscow Life on the Professional Video Game Circuit TX Gov Perry in Washington: 'Confident' in Case Hospital Releases Two Missionaries Who Had Ebola Ramen Health Risks: The Dark Side of the Noodle NYC Doctor-in-chief Seeks Community Approach Indonesian Police Fire Tear Gas at Protesters
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.