The Farm Service Agency offers seven-year, low-interest loans to grain producers to build new or upgrade existing storage facilities and related essential, permanently affixed drying or handling equipment.
In a region where hard winter wheat has been king for more than a century, news of $20 a bushel for soft red spring wheat on the Minneapolis market really “turned everybody’s head around here.”
But that’s about all it should have done, said Rickey Roberts, Marion County agricultural extension agent.
Land availability, farm facilities and overall profitability remain the top challenges of America’s young farmers and ranchers. However, they also believe they are better off today than five years ago, and they are more optimistic about the future of farming.