The weather this summer has been detrimental to farmers in the lower Midwest. Flash flood damage left the area around Kansas city in a disaster state and help is coming from the U.S.D.A.. Emergency loans can be made available for any farmers in certain areas that need some advance cash because of damaged crops. The loans can be filed to receive in the next few months. The loans will be incredibly low interest loans. Tornados and rainfall hit the Midwest really hard this year.
Summer rain
Extensive rainfall has occurred throughout the Midwest. Many stormfronts from the Gulf region to the Great Lakes have wreaked havoc, such as the Oklahoma tornadoes and also the Milwaukee floods. Kansas city has seen a lot of pain also. The U.S. Department of Agriculture announced six of seven counties in the Kansas City, Mo., metro area natural disaster areas, and those counties could use some quick payday to help rebuild.
Damage to farms
The area had many farms in it. The crops in these farms got hurt by the weather. According to the Kansas City Business Journal, wind, rain, and flash flood damage has wrecked a good portion of this summer’s crops, and emergency loans can be made available. The Department of Agriculture is where farmers who want a low cost loan should be applying. The rate of interest will be set at 3.75 percent, and also the amount could be up to 100 percent of losses. People can borrow money in amounts up to $ 500,000. Aside from the six counties around Kansas City, you will find 55 counties in Missouri and 47 counties in Oklahoma that are declared disaster areas due to extreme weather in that area.
Hurt comes from Mother Nature
Numerous say Mother Nature is not kind. Farmers do a good job of feeding us all, although too much rain means ruined crops for most areas.
Find more information on this subject
Business Journal
bizjournals.com/kansascity/stories/2010/08/23/daily12.html
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