Batesville Herald Tribune, Batesville, Indiana

More News

December 24, 2013

Low-interest loans available to grain producers

The Farm Service Agency offers low-interest loans to grain producers to build new or upgrade existing storage facilities and permanent drying and handling equipment, reports Julia Wickard, United States Department of Agriculture Farm Service Agency state executive director.

Loan opportunities include, but are not limited to

• New conventional-type cribs or bins, oxygen-limiting and other upright silo-type structures and flat-type storage structures designed for whole grain storage;

• Perforated floors, safety equipment, quality improvement equipment, electrical equipment and concrete components considered essential for a fully functional storage facility; and

• Remodeling existing storage facilities to increase storage capacity.

Farm storage facility loans must be approved prior to site preparation, equipment purchase or construction and must be secured by a promissory note and security agreement. The new maximum principal loan amount is $500,000. Participants are required to provide a down payment of 15 percent, with Commodity Credit Corp. providing a loan for the remaining 85 percent of the net cost of the eligible storage facility and permanent drying and handling equipment.

Additional security is required for poured-cement open-bunker silos, renewable biomass facilities, cold storage facilities, hay barns and for all loans exceeding $50,000. New loan terms of seven, 10 or 12 years are available depending on the amount of the loan. Interest rates for each term rate may be different and are based on the rate which CCC borrows from the Treasury Department.

For more information, persons can contact their local FSA office or visit www.fsa.usda.gov.

1
Text Only
More News
  • Westerfelds hold reunion The descendents of William and Elizabeth (Barg) Westerfeld held their annual family reunion at Liberty Park July 6. The Howard and Pat Westerfeld families were the hosts.Those attending included David and Janet Westerfeld; Sharyn Cobler; Mary Anne Wa

    July 25, 2014

  • Members encouraged to voice concerns The National Active and Retired Federal Employees Chapter 0813 met June 17 at Ponderosa Steakhouse, Greensburg, reports Secretary Harold DeWitt. The meeting was opened by President Eva Stone followed with Kay Hineman leading the group with the Pledge

    July 25, 2014

  • Fest targets autism awareness Looking for a way to get active outdoors and help support a great cause? Join Answers for Autism volunteers on Saturday, Sept. 20, from 9 a.m.-1 p.m. for the 14th annual Answers for Autism Walk and Family Festival at Cox Hall Gardens, Carmel.The day,

    July 25, 2014

  • Home ownership can be a reality Owning a home is part of the American dream. For most Americans, a home is the largest single investment they will make – and the largest asset they will hold in their lifetime, reports Cindy Baker, United States Department of Agriculture single fami

    July 25, 2014

  • Lilly's new $66M GIFT initiative phase announced The sixth phase of Lilly Endowment’s Giving Indiana Funds for Tomorrow (GIFT) initiative for Indiana community foundations has begun. The initiative, which began nearly 25 years ago, was designed to help local Hoosier communities develop the philanth

    July 25, 2014

  • on file The following information was obtained in conjunction and reprinted with permission from The Versailles Republican.Ripley CountyReal Estate TransfersFannie Mae to Catherine A. Grossman and James N. Grossman, property in Liberty Park Estate Phase 5, f

    July 25, 2014

  • nws - bv072214 - New Point Class of 1964 New Point School graduates gather Former New Point School students held their annual reunion at the New Point Community Center Saturday, June 28. Members from the graduating classes of 1944, 1954 and 1964 were recognized, along with approximately 100 other former students and their g

    July 25, 2014 2 Photos

  • nws - bv072514 - hawthorne heights Street party will showcase several bands Batesville’s Say Goodbye to Summer Show Sunday, Aug. 3, will be headlined by Hawthorne Heights, reports organizer and 2014 Batesville High School graduate Evan Prunty. The end-of-summer party begins at 5 p.m. on a section of Depot Street that will be

    July 25, 2014 1 Photo

  • spt - bv072514 - Glaub BATESVILLE MAN BIKES FOR FUN AND FITNESS

    July 25, 2014 1 Photo

  • Seven chikungunya cases in Indiana now Six more Hoosiers have tested positive for the chikungunya virus, making a total of seven reported cases in the state, said Indiana State Department of Health spokesman Ken Severson. The majority of individuals have confirmed travel to the Caribbean,

    July 22, 2014

Featured Ads
AP Video
Gaza Residents Mourn Dead Amid Airstrikes Raw: Deadly Tornado Hits Virginia Campground Ohio State Marching Band Chief Fired After Probe Raw: Big Rig Stuck in Illinois Swamp Cumberbatch Brings 'Penguins' to Comic-Con Raw: Air Algerie Crash Site in Mali Power to Be Restored After Wash. Wildfire Crashed Air Algerie Plane Found in Mali Israel Mulls Ceasefire Amid Gaza Offensive In Case of Fire, Oxygen Masks for Pets Mobile App Gives Tour of Battle of Atlanta Sites Anti-violence Advocate Killed, but Not Silenced. Dempsey: Putin May Light Fire and Lose Control Arizona Prison Chief: Execution Wasn't Botched Calif. Police Investigate Peacock Shooting Death Raw: Protesters, Soldiers Clash in West Bank Police: Doctor Who Shot Gunman 'Saved Lives' 'Modern Family' Star on Gay Athletes Coming Out MN Twins Debut Beer Vending Machine DA: Pa. Doctor Fired Back at Hospital Gunman
Seasonal Content
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Facebook