Western FSA Offers Microloans, Reminds Of Pending Deadlines

Pacific Northwest insurance closing dates today, March 15.

Published on: Feb 1, 2013

This is the final day for farmers in several counties in Idaho, Oregon and Washington to buy or change crop insurance programs under the USDA's Risk Management Agency.

RMA reminds growers that the closing sales date for Multiple Peril Crop Insurance programs is today for PNW spring planted onions in Idaho, Oregon and Washington and for cabbage in Oregon and Washington.

Final dates to buy or change all other spring seeded MPCI (excluding wheat in counties with fall and spring plantings) will be March 15. That's the final date to buy 2013 AGR-Lite insurance for new application/enrollment policies.

Farmers are also offered a new FSA loan program on "microloans" to expand small farm finance operations

Western FSA Offers Microloans, Reminds Of Pending Deadlines
Western FSA Offers Microloans, Reminds Of Pending Deadlines

The program is designed for credit needs of $35,000 or less, says Carolyn Persinger, farm loan chief at the Nevada State Farm Service Agency. "This innovative offering will be more customer-friendly than our larger, more traditional loan programs," she notes. "Farms and ranches seeking a smaller loan for start-up or operational needs now have a great new tool to  consider."

In Montana, the state FSA alerts producers of pending deadlines on several features, including the following:

March 15: NAP sales closing for all 2013 spring planted and forage crops, including grass for hay and grazing.

March 16: CRP Managed Spring Grazing Period begins.

March 25: USDA claims filing deadline for Hispanic and women farmers and ranchers.

March 31: Final date to apply for loans or LDPs on 2012 crop year harvested barley, canola, crambe, flaxseed, honey, oats, rapeseed, wheat and sesame seed.

May 14: CRP Managed Spring Grazing period ends.

May 31: Final date to apply for loans or LDPs on 2012 crop year harvested corn, dry peas, grain sorghum, lentils, mustard seed, rice, safflower seed, chickpeas and sunflower seed.

June 7: SURE Disaster Program signup deadline for 2011 crop year.