Local farmers eligible for emergency loans due to losses from excessive rain
USDA Secretary Thomas J. Vilsack has designated 13 Mississippi counties as the primary natural disaster area. Producers in Franklin, Harrison, Holmes, Humphreys, Issaquena, Jackson, Jefferson Davis, Lawrence, Leake, Pike, Sharkey, Stone, and Yazoo counties who suffered losses caused by excessive rain and flooding occurring Aug. 1, 2022, through Aug, 31, 2022, may be eligible for U.S. Department of Agriculture Farm Service Agency emergency loans.
Farmers qualifying for emergency loans may borrow up to 100% of their actual production loss or the amount needed to restore their operation to its pre-disaster condition, whichever is less, or refinance certain debts. FSA will review the loans based on the extent of losses, security available and repayment ability.
Producers in the contiguous Mississippi counties of Adams, Amite, Attala, Carroll, Copiah, Covington, Forrest, George, Hancock, Hinds, Jefferson, Lamar, Leflore, Lincoln, Madison, Marion, Neshoba, Newton, Pearl River, Perry, Scott, Simpson, Sunflower, Walthall, Warren, Washington, Wilkinson, and Winston are also eligible to apply for emergency loans.
The deadline to apply for these emergency loans is Sept. 11, 2023.
FSA has a variety of additional programs to help farmers recover from the impacts of this disaster. FSA programs that do not require a disaster declaration include: Emergency Assistance for Livestock, Honeybees and Farm-Raised Fish Program; Emergency Conservation Program; Livestock Forage Disaster Program; Livestock Indemnity Program; Operating and Farm Ownership Loans; and the Tree Assistance Program.
Farmers may contact their local USDA service center for further information on eligibility requirements and application procedures for these and other programs. Additional information is also available online at https://www.farmers.gov/recover.