Oregon farmers in Josephine County who are family-farmers may qualify for loans through the United States Department of Agriculture following bad weather conditions in 2010.
Throughout 2010 farmers experienced loss due to rain, flooding and low temperatures. The USDA named Curry and Linn counties natural disaster areas which means family farm and ranch producers in Josephine County to apply for disaster assistance.
This money can be used to cover crop or physical losses. Any family farmers or ranchers who experienced 30-percent (or more) crop or livestock loss can apply for funding. They must have an acceptable credit history and provide collateral.
Siskiyou and Klamath counties are also natural disaster areas due to drought. This affects loans in Jackson and Josephine counties as well.
Producers have until Aug. 29, 2011 to apply for these low-rate emergency loans.
This article courtesy of Farm Plus Financial. For information regarding agricultural finance opportunities contact our offices at 866-929-5585.
Written by: Melissa Warner / Farm Plus Financial staff writer