FSA Nonrecourse Marketing Assistance Loans and Loan Deficiency Payments
Nonrecourse Marketing Assistance Loans (MALs) and Loan Deficiency Payments (LDPs) are available to eligible producers for the 2017 crop year for wheat, corn, grain sorghum, barley, oats, upland cotton, extra-long staple cotton, long grain rice, medium grain rice, soybeans, other oilseeds (including sunflower seed, rapeseed, canola, safflower, flaxseed, mustard seed, crambe and sesame seed), dry peas, lentils, small chickpeas, large chickpeas, graded and non-graded wool, mohair, unshorn pelts, honey and peanuts.
To be eligible for a MAL or LDP, producers must comply with conservation and wetland protection requirements and submit an acreage report to account for all cropland on all farms. Additionally, they must have and retain beneficial interest in the com¬modity until the MAL is repaid or the Commodity Credit Corporation (CCC) takes title to the commodity while also meeting Adjusted Gross Income (AGI) limitations.
In addition to producer eligibility, the commodity must have been produced, mechanically harvested, or shorn from live animals by an eligible producer and be in storable condition. It also must be merchantable for food, feed or other uses, as determined by CCC. Nonrecourse MALs must meet specific CCC minimum grade and quality standards.
If beneficial interest in the commodity is lost, the commodity loses eligibility for a MAL or LDP and remains ineligible even if the producer later regains beneficial interest. To retain beneficial interest, the producer must have control and title to the commodity. The producer must be able to make all decisions affecting the commodity including movement, sale and the request for a MAL or LDP. The producer must not have sold or delivered the commodity or warehouse receipt to the buyer.
Producers are responsible for any loss in quantity or quality of commodities pledged as collateral for a farm-stored or warehouse stored loan. CCC will not assume any loss in quantity or quality of the loan collateral regardless of storage location.
Producers may obtain MALs or receive LDPs on all or part of their eligible production anytime during the loan availability period. The loan avail¬ability period runs from when the commodity is normally harvested (or sheared for wool) until specified dates in the following calendar year.
The final loan/LDP availability dates for the respective commodities are:
• Jan. 31 - Peanuts, Wool, Mohair and LDP only for Unshorn Pelts
• March 31 - Barley, Canola, Crambe, Flaxseed, Honey, Oats, Rapeseed, Sesame seed and Wheat
• May 31 - Corn, Dry peas, Grain sorghum, Lentils, Mustard seed, Long grain rice, Medium grain rice, Safflower, Small chickpeas, Large chickpeas, Cotton, Soybeans and Sunflower seed
The Guthrie Brothers Present: Scarborough Fair, a Simon and Garfunkel Experience
Prepare to fall in love again with the music of Simon and Garfunkel! The Guthrie Brothers, Jeb and Jock will bring you that opportunity on Saturday, March 3 at the Murray County Central Auditorium at 7:30pm. This wonderfully authentic rendition of Simon and Garfunkel songs is made available under the auspices of the Prairie Music Concert Association.
From their first startlingly authentic rendition of Sound of Silence, to their playful version of Cecilia, Jeb and Jock Guthrie will have every audience member smiling...and singing along.
Through songs, stories, trivia and humor, they pay homage to the music of Simon and Garfunkel and playfully engage the audience along the way. The show highlights the brothers’ deep spiritual connection to this music, and to the 60s, the time period that made it all happen.
The Guthries’ original music received national attention with the release of their self-titled album. The album garnered extensive airplay on both Americana and Country radio stations. About the album, Billboard magazine said, “Many stations will find the well-written heartfelt lyrics and wonderful harmonies a welcome addition to their airwaves.” The album has been re-released and is available online at the iTunes Music Store, Spotify and Rhapsody.
Jeb and Jock perform this tribute show with startling authenticity in an “unplugged” acoustic style. The brothers have been singing together for as long as either one of them can remember - a major reason for the perfect blend of their harmonies. Both play acoustic guitar and sing, and add it a bit of percussion and bass from time to time.
For further information re: this fun show, please contact Sandy at 836-8395, Linda at 836-8443 or Jan at 479-3048.
Local Conservation Leader Visits Washington, D.C. on Leadership Program
Mona Henkels the Supervisor for Murray Soil and Water Conservation District is among a group of 23 conservation leaders from across Minnesota who visited Washington, D.C. February 11-15 as part of a leadership development program sponsored by the Minnesota Association of Soil and Water Conservation Districts (MASWCD). Program participants include locally elected SWCD supervisors, staff, and representatives from the Minnesota Board of Water and Soil Resources. While in Washington, the group met with Minnesota and federal lawmakers, including the United States Department of Agriculture and Natural Resource Conservation Service. The Washington D.C. seminar is one of seven sessions that are part of MASWCD’s Leadership Program led by the University of Minnesota Extension. The year-long program is designed to strengthen the leadership skills and capacity of local natural resource agencies to better serve the public and address the complex natural resource conservation issues found in communities throughout Minnesota.