We would like to welcome Farm Aid to North Carolina, as we would welcome an old friend into our home. Farm Aid was created 29 years ago to respond to the needs of farm families facing the pain of losing their farms. Some of our staff members were there at that first concert, and ever since we and other organizations like us have worked closely with Farm Aid to serve farmers in need.
At a time when North Carolina leads the nation in loss of farm land, we cannot afford to lose the Land Loss Prevention Project. Call your reps today.
On July 11, 2012, Agriculture Secretary Vilsack announced that the USDA was reducing the interest rate on Emergency Loans through the USDA Farm Service Agency from 3.75% to 2.25%.
Farmers in disaster-designated counties are eligible to borrow emergency loans for up to the value of their disaster losses. While emergency loans are one of the primary modes of disaster assistance, farmers must still show eligibility and repayment ability in order to qualify.