The US Department of Agriculture, as part of a continuing effort to stimulate the economy, encourage job growth, and help disadvantaged and beginning farmers, is offering grants and subsidies for value added production of agricultural goods.
While the conventional image of American farming likely revolves around dusty tractors and subsistence living, the industry is much more sophisticated and developed than many of these public perceptions. Value added production, for example, is a good way to explore the economic impact and potential of the farm sector. At its most basic, value added production is taking a basic product and altering it in a way to increase its overall value and worth. While all farmers grow basic products, many engage in value added production, a method that increase the profits of farm producers and can help stimulate the economy. Smoked almonds, roasted chicken, pre-packaged fruits and vegetables, dairy products like cheese, yoghurt, and ice cream, are all examples of value added agricultural products.
“U.S. agriculture is connected to one in 12 American jobs, and value-added products from homegrown sources are one important way that agriculture generates economic growth,” Agriculture Secretary Tom Vilsack said.
To learn more about agricultural financing opportunities contact a Farm Plus Financial representative by calling 866-929-5585 or by visiting www.farmloans.com.
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Written by: Justin Ellison / Farm Plus Staff Writer