Alabama Farmers Eligible for Assistance

Eligible Alabama farmers can apply for low-interest emergency loans from the Farm Service Agency.
The declaration came on Christmas Eve from the United States Department of Agriculture.
“All farmers are eligible for the loans because of the excess rain we had during the harvest season,” said Thomas Atkinson, the Madison County executive director of the Farm Service Agency.
The disaster follows record rains during September and October that destroyed many cotton, soybean, corn and peanut crops. The rains also pushed harvesting back four to six weeks.
Those hit by disaster may also be eligible for help from the Supplemental Reserve Assistance Payments program (SURE), but these loan payments are not available until 2011.
Federal Reserve stated interest rates likely to rise. Refinance your farm loan before rates go up. Call a representative by dialing 866-929-5585 or visit us online.