South Dakota farmers and producers in 25 counties are eligible for low-rate disaster loans.
This announcement follows USDA Secretary Tom Vilsack’s visit to South Dakota following a difficult summer and harvest. The area was hit with heavy rains and flooding that caused a great amount of damage. Vilsack expects payments to be made by the end of the year.
After the announcement South Dakota state representative Herseth Sandlin said, “After this year’s series of severe weather events, our farmers, ranchers and community leaders continue the long process of clean-up and recovery. I was pleased Secretary Vilsack accepted my invitation to visit South Dakota to learn more about the damage first-hand. This federal disaster assistance is critical for our many affected producers across South Dakota to restore critical infrastructure and provide our farmers and ranchers much-needed relief.”
The counties included are: Aurora, Brown, Custer, Fall River, Gregory, Hutchinson, Jackson, Marshall, Mellette, Yankton, Bennett, Bon Homme, Brule, Charles Mix, Clay, Davison, Day, Douglas, Edmunds, Faulk, Haakon, Hanson, Jerauld, Jones, Lyman, McCook, McPherson, Pennington, Roberts, Sanborn, Shannon, Spink, Todd, Tripp and Turner.
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.