FSA Direct Loans
FSA offers direct farm ownership and direct farm operating Loans to producers who want to establish, maintain or strengthen their farm or ranch. FSA loan officers process, approve and service direct loans.
Direct farm operating loans can be used to purchase livestock and feed, farm equipment, fuel, farm chemicals, insurance and other costs including family living expenses. Operating loans can also be used to finance minor improvements or repairs to buildings and to refinance some farm-related debts, excluding real estate.
Direct farm ownership loans can be used to purchase farmland, enlarge an existing farm, construct and repair buildings, and to make farm improvements.
The maximum loan amount for both direct farm ownership and operating loans is $300,000 and a down payment is not required. Repayment terms vary depending on the type of loan, collateral and the producer’s ability to repay the loan. Operating loans are normally repaid within seven years and farm ownership loans are not to exceed 40 years.
Please contact your local FSA office for more information or to apply for a direct farm ownership or operating loan.
“USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users).”
Minnesota Farm Bureau Comments on Agricultural Property Taxes
“Minnesota Farm Bureau Federation (MFBF) thanks the Minnesota House of Representatives and Minnesota Senate leadership and members for passing and Governor Dayton for signing the omnibus tax bill. This bill includes a 40 percent tax credit on the portion of agricultural property taxes going towards school debt bond levies,” said MFBF President Kevin Paap. “This tax provision is critical for addressing the current agriculture economy in Minnesota, and the burden placed on farmers as it relates to the amount of property taxes paid towards school debt bond levies in a bi-partisan and positive manner.”
The Tax Omnibus Bill was passed during the 2017 Minnesota Legislative Special Session, and Governor Dayton signed it on May 30.
“MFBF strongly supports Minnesota schools and is very thankful for the work done by the administration and legislators in conducting several town hall meetings throughout Minnesota to visit with farmers and landowners on the issue of high agricultural property taxes,” said Paap. “We appreciate their efforts to find sustainable solutions to fund capital school projects and help reduce the cost paid by farmers and landowners.”
Minnesota Farm Bureau representing Farmers • Families • Food is comprised of 78 local Farm Bureaus across Minnesota. Members make their views known to political leaders, state government officials, special interest groups and the general public. Programs for young farmers and ranchers develop leadership skills and improve farm management. Promotion and Education Committee members work with programs such as Ag in the Classroom and safety education for children. Join Farm Bureau today and support our efforts to serve as an advocate for rural Minnesota, www.fbmn.org.
Get the Dirt
Kathy Schwartz, Murray County Master Gardener
Do not pull transplants from the container. Squeeze the container, push from the bottom and slide the plant out. Place annuals in the soil, the same depth they were growing in the pot.
Remove flowers and cut back leggy annuals when planting or remove flowers from every other plant, so you have some color. In a week or so, remove the remaining flowers. Soon, the new flowers will bloom.
If you are planting peat pots, remove the upper lip and the bottom before planting. Slice through the sides to encourage quick rooting.
Information provided by the University of Minnesota Extension Service.