Fayette County USDA Updates!

Farmers.gov sent this bulletin at 12/11/2024 02:00 PM EST

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Fayette County USDA Updates - December, 2024

In This Issue:

Farm Storage Facility Loans- NEW OPTIONS
Fayette COC Election Results
Fayette FSA Mailings- CCC-941 & FSA-578 (CRP)

Farm Storage Facility Loans- NEW OPTIONS

The Farm Storage Facility Loan Program (FSFL) allows producers of eligible commodities to obtain low-interest financing to build or upgrade (NEW or USED) storage and handling facilities on their farm.

Loans include but are not limited to: storage bins, wet holding bins, new concrete foundations, permanently affixed grain handling and drying equipment, equipment to improve, maintain, or monitor the quality of stored grain, silage bunkers, grain carts, semi-trucks, grain trailers, hay storage structures, bulk tanks for dairy operations and MORE!

BALE WRAPPERS are a NEW item ADDED to the FSFL program!

The maximum principal amount of a loan through FSFL is $500,000. Participants are required to provide a minimum down payment of 15%, with the Commodity Credit Corporation (CCC) providing a loan for the remaining 85% of the net cost of the eligible FSFL. Loans up to $100,000 can be secured by a promissory note/security agreement and loans exceeding $100,000 require additional security.

You do NOT need to demonstrate the lack of commercial credit availability to apply. The loans are designed to assist a diverse range of farming operations, including small and mid-sized businesses, new farmers, operations supplying local food and farmers markets, non-traditional farm products, and underserved producers.

GREAT NEWS! Interest rates are trending downward. December interest rates range from 4.125%-4.375% & terms range from 3-12 years. RATES CHANGE MONTHLY.

An FSFL must be approved by the Fayette County Committee before any site preparation, delivery, or construction begins.

For additional questions and assistance about FSFL, contact the Fayette County FSA office at (563)-422-5770, Ext. 2

Fayette COC Election Results

The Fayette County Farm Service Agency (FSA) announced that County Committee elections are over and the ballots have been counted.

Scott Albrecht has been re-elected to the Fayette County Farm Service Agency committee for a three-year term. He will be representing the producers that operate & live in Local Administrative Area (LAA) 3, which consists of Banks, Center, Fremont, Harlan, Jefferson, Oran & Scott Townships. Congratulations Scott & thank you for your service to Fayette County producers!

The County FSA Committee is a vital link in the administration of farm programs. Some of the duties of the committee include: informing farmers of the purpose and provisions of FSA programs, participating in meetings, acting on cases involving individual farms, keeping FSA State Committee informed on local conditions, and conducting office operations to ensure administrative funds are used efficiently and for appropriate purposes.

To ensure farmer understanding and wide program participation, committees must see that county office operations are farmer oriented and that producers receive quality, timely service. Committees ensure that local offices give balanced attention to all programs and that staff carry out USDA programs effectively, efficiently and impartially.

Thank you for everyone that took the time to vote & return their election ballots!

For more information, visit the FSA website at fsa.usda.gov/elections or contact the Fayette County FSA office at (563)-422-5770, Ext. 2.

Fayette FSA Mailings- CCC-941 & FSA-578 (CRP)

The Fayette County FSA office sent several mailings out in the month of December. Your MAILBOX may have important FSA paperwork waiting!

You may receive a CCC-941 (Average Adjusted Gross Income) form. This form is required on an annual basis if requesting USDA benefits.

Some producers may also receive an FSA-578 to certify their CRP acres.

If you received these forms, PLEASE send them back to the Fayette County FSA office ASAP.

If you have any questions about these forms, please contact the Fayette County FSA office at (563)-422-5770, Ext. 2.

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Fayette County
USDA Service Center

120 N. Industrial Pkwy
West Union, IA 52175

Phone: (563)-422-5770
Fax: (855)-223-7136

Visit online at Iowa State Office (usda.gov)

FARM SERVICE AGENCY
County Executive Director
Jesse Wegner
(563)-422-5770, Ext. 2 jesse.wegner@usda.gov

FARM SERVICE AGENCY
Program Analyst(s):
Luann Amundson
Nicole Bouska
Linda Halstead
Randee Hemesath
Karla Langreck
Kim Lundgren
Chelsey Matthias
Kelli Mohlis
Jill Shannon
(563)-422-5770, Ext. 2
iawestunio-fsa@usda.gov

NATURAL RESOURCES CONSERVATION SERVICE
District Conservationist
Eric Bro
(563)-422-5770, Ext. 3 eric.bro@usda.gov

FARM SERVICE AGENCY
Farm Loan Manager
Shelby Richards
(563)-382-8777 shelby.richards@usda.gov

Farm Service Agency
Natural Resources Conservation Service
Risk Management Agency
Service Center Locator

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