The lower Midwest weather this summer has hurt farmers. Flash flood damage left the area around Kansas city in a disaster state and help is coming from the U.S.D.A.. Farmers need advance on cash because of damaged crops can have loans available to them. Months are given in time to file the loans. Low interest is given on all loan. The Midwest has had a lot of damage done with all the rainfall and tornados going through.
Heavy summer rains
There has been a lot of rain in the Midwest. There was much more than normal. The Oklahoma tornadoes and Milwaukee floods are really bad as they were storms from the Gulf region to the Great Lakes. Kansas city has seen a lot of pain as well. The counties in Kansas City, Mo., metro area could use some additional cash after the U.S. Department of Agriculture declared seven counties to have had natural disasters. The U.S. Department of Agriculture says natural disasters occurred in seven counties within the Kansas City, Mo., metro area. This means that those counties need a little extra cash to get back on their feet.
Farms aren’t well
The weather has hurt the summer crops of the farms within the area. 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 accessible. Farmers who wish to take out these low cost loans can file for loans through the Department of Agriculture. The interest of 3.75 percent is great for numerous. 100 percent of losses can be covered by this. Farmers can borrow quite a bit. The max is $ 500,000. Aside from the six counties around Kansas City, there are 55 counties in Missouri and 47 counties in Oklahoma that have been announced disaster areas due to extreme weather in that area.
Mother Nature making a difference
Many say Mother Nature isn’t really kind. Farmers do a good job of feeding us all, although too much rain means ruined crops for most areas.
Further reading
Business Journal
bizjournals.com/kansascity/stories/2010/08/23/daily12.html
