Local Farms Eligible For Assistance After Heavy Rain, Flooding

Hoosier farmers are no strangers to working hard and adapting to the weather, but 2019 has been especially difficult. Earlier this year, many across the state grappled with heavy rains and flooding, which caused delays during planting season and damage to property.

Farmers in our area may now qualify to receive federal assistance if they show at least a 30% loss in crop production or a physical loss to livestock, livestock products, real estate or other property. If approved, farmers can borrow up to 100% of production or physical losses for a maximum amount of $500,000. Those with existing Farm Service Agency loans who are unable to make payments may also be eligible to have certain payments deferred.

Click here to learn more about FSA’s Emergency Farm Loans. The deadline to apply is April 29, 2020.