Wallaces Farmer

Producers who suffered loss of buildings and livestock due to floods, blizzard may apply for low-interest loans.

May 9, 2019

3 Min Read
Flooded field, damaged grain bins

Producers in select counties in Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota, Wyoming who lost property due to recent natural disasters may be eligible for USDA physical loss loans.

The Farm Service Agency offers low-interest loans to agricultural producers in 55 South Dakota counties, the primary damaged area, who incurred losses caused by two separate disaster events. Approval is limited to applicants who suffered severe physical losses only, including the loss of buildings and livestock. Applications are due Dec. 24, 2019.

South Dakota Blizzard – March 13-15, 2019

Physical loss loans are available to eligible agricultural producers in Aurora, Beadle, Bennett, Brookings, Brown, Brule, Buffalo, Campbell, Charles Mix, Clark, Codington, Custer, Davison, Deuel, Dewey, Douglas, Faulk, Gregory, Haakon, Hand, Hanson, Hughes, Jackson, Jones, Lake, Lyman, McCook, McPherson, Meade, Mellette, Oglala Lakota, Pennington, Potter, Spink, Stanley, Sully, Todd, Tripp, Walworth and Ziebach counties in South Dakota, who incurred losses due to a blizzard that occurred March 13 through March 15, 2019.

Producers in the contiguous South Dakota counties of Bon Homme, Butte, Corson, Day, Edmunds, Fall River, Grant, Hamlin, Hutchinson, Hyde, Jerauld, Kingsbury, Lawrence, Marshall, Miner, Minnehaha, Moody, Perkins, Sanborn and Turner are eligible to apply for emergency loans, too.

Also eligible to apply are producers from:

  • Lac Qui Parle, Lincoln, Pipestone and Yellow Medicine counties in Minnesota;

  • Boyd, Cherry, Dawes, Keya Paha and Sheridan counties in Nebraska;

  • Dickey, Emmons, McIntosh and Sargent counties in North Dakota; and

  • Niobrara and Weston counties in Wyoming.

South Dakota Flooding – March 13-15, 2019

Physical loss loans are available to eligible agricultural producers in Beadle, Bon Homme, Brookings, Brule, Buffalo, Clay, Gregory, Jackson, Lake, Lincoln, McCook, Potter, Turner, Union and Yankton counties in South Dakota, who incurred losses due to flooding that occurred March 13 through March 15, 2019.

Producers in the contiguous South Dakota counties of Aurora, Bennett, Charles Mix, Clark, Deuel, Dewey, Edmunds, Faulk, Haakon, Hamlin, Hand, Hanson, Hutchinson, Hyde, Jerauld, Jones, Kingsbury, Lyman, Mellette, Miner, Minnehaha, Moody, Oglala Lakota, Pennington, Sanborn, Spink, Sully, Todd, Tripp and Walworth are eligible to apply for emergency loans.

Also eligible to apply for emergency loans are producers from:

  • Lyon, Plymouth, Sioux and Woodbury counties in Iowa;

  • Lincoln and Pipestone counties in Minnesota; and

  • Boyd, Cedar, Dakota, Dixon, Keya Paha and Knox counties in Nebraska.

Missouri flooding

Missouri producers in the counties of Andrew, Atchison, Buchanan, Clay and Holt who incurred losses caused by extreme flooding beginning on March 9, 2019, are eligible for low-interest loans.

Producers in the contiguous Missouri counties of Clinton, DeKalb, Gentry, Jackson, Nodaway, Platte, and Ray,

  • along with Fremont and Page counties in Iowa;

  • Atchison, Doniphan, and Wyandotte counties in Kansas; and

  • Nemaha, Otoe, and Richardson counties in Nebraska, are also eligible to apply for emergency loans.

Physical loss loans can help producers repair or replace damaged or destroyed physical property essential to the success of the agricultural operation, including livestock losses. Examples of property commonly affected include essential farm buildings, fixtures to real estate, equipment, livestock, perennial crops, fruit and nut bearing trees, and harvested or stored crops and hay.

For more information on FSA disaster assistance programs or to find your local USDA Service Center visit https://www.farmers.gov/recover.

Source: USDA-Iowa Farm Service Agency, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset. 

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