Farm Service Agency offers loans to farmers after winter disaster

Friday, March 25, 2011 | 4:22 p.m. CDT

COLUMBIA — Boone County and 91 other Missouri counties are eligible for Farm Service Agency disaster loans in response to the Feb. 1 and 2 winter disaster.

Loans will be made at an interest rate of 3.75 percent, according to a news release from the agency. Applications for assistance are due Nov. 16 to the Farm Service Agency at Suite 213-E, 601 Business Loop 70 W.

Loans should apply to physical and production losses caused by the winter disaster.

Physical losses include damage to buildings or fences or the loss of basic livestock, stored crops, supplies or equipment. The items lost must be necessary to the success of the farm's production.

Jim Jarman, agronomy specialist with MU Extension in Callaway County, said after speaking with farmers, U.S. Department of Agriculture workers, Natural Resources Conservation Service workers, Soil and Water Conservation Districts workers and Farm Service Agency workers at a banquet Thursday night, he has only heard of one farmer who suffered a physical loss.

The farmer lost one end of a building, which was damaged during a previous winter, Jarman said.

He has not heard about any livestock injured or killed.

"I know farmers scrambled to get to (their livestock) and to get them grain and open water," Jarman said.

He expects more farmers to "come out of the woodworks" now that the Farm Service Agency is offering the loan.

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