Wisconsin Ag Producers Eligible for Physical Loss Loans
Wednesday, June 26th, 2019 -- 10:24 AM
-Wisconsin agricultural producers who lost property due to recent natural disasters may be eligible for U.S. Department of Agriculture physical loss loans.The Farm Service Agency offers these low-interest loans to agricultural producers in Buffalo, Calumet, Chippewa, Clark, Columbia, Dane, Dunn, Eau Claire, Jackson, Langlade, Lincoln, Manitowoc, Marathon, Marinette, Oconto, Oneida, Pepin, Pierce, Polk, Rusk, St. Croix, Sheboygan, Taylor and Trempealeau counties, the primary damaged area, who incurred losses caused by multiple winter storms with blizzard conditions, excessive snow, high winds, and extreme cold that occurred between January 27th through March 2nd of this year. Approval is limited to applicants who suffered severe physical losses only, including the loss of buildings and livestock. Applications are due November 25th.
Producers in the contiguous Wisconsin counties of Adams, Barron, Brown, Burnett, Dodge, Florence, Fond Du Lac, Forest, Green, Green Lake, Iowa, Jefferson, Juneau, Kewaunee, La Crosse, Marquette, Menominee, Monroe, Outagamie, Ozaukee, Portage, Price, Rock, Sauk, Sawyer, Shawano, Vilas, Washburn, Washington, Waupaca, Winnebago, and Wood, along with Dickinson and Menominee counties in Michigan and Chisago, Dakota, Goodhue, Wabasha, Washington and Winona counties in Minnesota, 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.
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