July 18, 2013
Area Receives Major Disaster Declaration
Columbia, Mo., July 02, 2013 - The President designated counties in Iowa as primary agricultural major disaster areas making certain farmers and other agricultural producers in primary and contiguous counties eligible for low-interest emergency loans from USDA's Farm Service Agency (FSA).
Four Missouri counties were designated as contiguous major disaster areas due to damages and losses caused by severe storms, tornadoes, and flooding which occurred from May 19 to June 14, 2013. The contiguous counties are: Clark, Putnam, Schuyler, and Scotland.
All counties listed above were designated major disaster areas on July 2, 2013, making all qualified farm operators in the designated areas eligible for low interest emergency (EM) loans from USDA's Farm Service Agency (FSA), provided eligibility requirements are met. Farmers in eligible counties have eight months from the date of the declaration to apply for loans to help cover part of their actual losses. FSA will consider each loan application on its own merits, taking into account the extent of losses, security available and repayment ability.
Loans for physical losses must be used to replace or repair damage to buildings, fences or to compensate the farmer for losses of basic livestock, stored crops, or supplies on hand, equipment, etc., that was lost due to the disaster. Loans for production losses may also be used to buy feed, seed, fertilizer, livestock or to make payments on real estate or chattel debts. Generally, loans for production losses cannot be approved until crops have completed their production cycle or have been harvested.
In order to qualify, a farmer must have suffered a 30 percent loss in production or an actual physical loss that was essential to the successful operation of the farm.
USDA also has made a variety of other programs available to assist farmers in recovering from the disaster, including the Emergency Conservation Program (ECP); Federal Crop Insurance; and the Noninsured Crop Disaster Assistance Program.
Interested farmers may contact the Knox County FSA office at 660-397-2224 for further information on eligibility requirements and application procedures for these and other programs or visit www.fsa.usda.gov.