Agriculture

The U.S. Department of Agriculture (USDA) today announced the details of additional assistance for dairy producers, including a second round of payments through the Pandemic Market Volatility Assistance Program (PMVAP) and a new Organic Dairy Marketing Assistance Program (ODMAP). The update to PMVAP and the new ODMAP will enable USDA to better support small- and medium-sized dairy operations who weathered the pandemic and now face other challenges.

Upcoming Deadlines/Dates
March 15: ARCPLC Signup

Farm Loan Presence in Allamakee County
The USDA/FSA Farm Loan team will have a Loan Officer in our office every Tuesday during normal business hours (8 a.m. to 4:30 p.m.).  If you would like to visit with the loan officer, feel free to call or stop in.

Applying for Farm Storage Facility Loans
The Farm Service Agency’s (FSA) Farm Storage Facility Loan (FSFL) program provides low-interest financing to help you build or upgrade storage facilities and to purchase portable (new or used) structures, equipment and storage and handling trucks.

Iowa Secretary of Agriculture Mike Naig has announced the Iowa Department of Agriculture and Land Stewardship is accepting applications for the 2023 Specialty Crop Block Grant Program through March 10. The program, which is designed to support projects that enhance the competitiveness of specialty crops grown in Iowa by increasing demand, yields or awareness, is administered by the Department with funding from the United States Department of Agriculture (USDA) Agricultural Marketing Services (AMS).

“The Specialty Crop Block Grant Program helps to build and showcase the diversity of agriculture within our state and drives the creation of new markets, products and small businesses in Iowa,” said Secretary Naig. “Consumers have demonstrated that they want the option to more readily buy Iowa grown products and this program plays a key role in expanding availability to meet that growing demand.”

Upcoming Deadlines/Dates
March 15: ARCPLC Signup

For agricultural producers and rural business owners interested in making the shift to renewable energy, the time is now to apply for the Rural Energy for America Program (REAP).  

Administered by the U.S. Department of Agriculture’s Rural Development, the program provides funding through grants and guaranteed loans for renewable energy systems and energy efficiency improvements. The application deadline is March 31.

“This year, REAP received an additional $250 million from the Inflation Reduction Act, for a program total of $300 million,” said Kalee Olson, policy associate for the Center for Rural Affairs. “This increase translates to more opportunities for renewable energy projects across rural America.”

Annual survey finds quality of life indicators on the rise, stress on the decline

Every two years since 1982, the Iowa Farm and Rural Life Poll has asked farmers to report on changes in quality of life, defined as “the degree of satisfaction with all aspects of life,” for their families and families in their communities.

In 2022, 86% of participants reported that quality of life for their families either stayed the same or improved over the five years leading up to February/March 2022. This represents a substantial uptick from what had been a downward trend from 91% in 2014, 87% in 2016, 84% in 2018 and 80% in 2020.

The 2022 Iowa Farm and Rural Life Poll summary report was published in December, and is available online at the Iowa State University Extension Store.

Upcoming Deadlines/Dates
March 15: ARCPLC Signup

Farm Loan Presence in Allamakee County
The USDA/FSA Farm Loan team will have a Loan Officer in our office every Tuesday during normal business hours (8 a.m. to 4:30 p.m.).  If you would like to visit with the loan officer, feel free to call or stop in.

Floods, droughts, and wildfires over the past few years have many farmers and land managers thinking about ways to improve the resilience of their operations and become more nimble in responding to difficult conditions.

Moving livestock to available grazing is one way to be nimble. Adding cover crops and livestock to row cropping systems helps improve soil health and is one way to build resiliency. Trouble is, many livestock farmers don’t own or rent land in multiple locations – and many crop farmers don’t own or manage livestock.

The Midwest Grazing Exchange can help solve both sides of this equation. https://midwestgrazingexchange.com/.

Brett Mathews of Dividing Ridge Farm in Illinois says, “The Midwest Grazing Exchange connects cow producers to crop farmers and pasture owners. But I believe that more importantly, it puts livestock back on the ground.”

Crop and livestock farmers who are working on preparing their 2022 income tax returns can review two useful documents for end-of-year determinations.

The article “Suggested Closing Inventory Prices for 2022 Records” provides suggested closing inventory prices for all major crop and livestock commodities produced in Iowa, and “Deductible Livestock Costs for Adjusting 2022 Income Tax Returns” provides cost estimates for farmers who consume food produced by their operation, which must be deducted from expense reporting. Both documents are published by Iowa State University Extension and Outreach as part of the December Ag Decision Maker.

The inventory prices are averages compiled by economists with ISU Extension and Outreach, using data from the United States Department of Agriculture, the Iowa State Cash Rental Rates Survey, and the Iowa Farm Business Association. The prices are used by consultants with the Farm Business Association and tax preparers across Iowa.

Upcoming Deadlines/Dates
January 16: Office Closed in Observance of Martin Luther King Jr. Day
March 15: ARCPLC Signup