C22—Lancaster Farming, Saturday, November 8,1980 WASHINGTON, D.C. - Secretary of Agriculture Bob Bergland announced this week that more than 1000 temporary employees have been hired by the Farmers Home Administration to help process applications for disaster assistance and adequately service existing loans by farmers. “New estimates by Farmers Home Ad ministration and the Agricultural Stabilization ami Conservation Service indicate that farmers will need over >6 billion in federal emergency credit and other assistance from the department in fiscal year 1961,” Bergland said. “The greatest need will be in FmHA, where these tem porary employees will work.” “An estimated |5.1 billion in credit will be provided by FmHA to help producers who have major crop and livestock losses from drought and other disasters this year. “Payments to fanners from ASCS programs will be an estimated |1 billion in FY *45 Limited Last Y( ■■■Pfeßß Vi Save money and beat lklb Ib the high cost of drying fuel | | llhLi at the same time —with a m little help from Mother ■ ■■IDU Nature, your corn cribs ■■IW and our Superpicker. When you put up ear com this fall with our lIIC V I Bill ß two-row or one-row Ibll I ll»H pickers, you get free corn drying plus the low cost, low main tenance, dependable performance you expect from New Idea. Come in and see us today. You can get the whole /lf7§vi story from us forfree. I\|E\A/ IDEE^V ZIMMERMAN’S FARM SERVICE Bethel, PA Part-timers to help FmHA process loans 1961, up from $270 million in 1980, largely because of reduced crop yields and a shortage of livestock feed supplies in many areas,” Bergland said. As of this week, FmHA has hired and trained more than 1000 of the 1228 new em ployees who will work temporarily at county of fices with large numbers of loan applications. In fiscal 1980, FmHA made more than 53,000 emergency disaster leans for a total of over |2 billion, most because of the drought and hot weather. “Because crops are still being harvested, the actual losses by fanners cannot be determined,” Bergland said, therefore the full extent of emergency financial assistance will not be known for some time. This is true for many farmers in the South and Southwest who are still trying to salvage hard hit crops of peanuts, com, soybeans, grain sorghum and cotton. “We will find a way to provide adequate farm credit to meet fanners’ needs,” Bergland said. Our policy is that if a farm en terprise has a chance of making it, we’ll stay with the farmer.” The ASCS emergency feed aid program paid out $23.4 million to US livestock producers during fiscal 1980 to buy 1.25 billion pounds of feed (equal to 22.3 million bushels of com). During fiscal 1961, an estimated $250 to $3OO million will be distributed to farmers under this program. Low-yield disaster payments, which totalled $219 million in fiscal 1900, are expected to reach an estimated $720 million in fiscal $961 because of this year’s reduced crops. Eligible farmers unable to obtain credit elsewhere are usually eligible for Fanners Home Administration emergency loss loans at 5 percent interest. These loans are to be used to cover actual disaster losses. Farmers who are able to obtain credit elsewhere are eligible for a loan rate comparable to the cost of money to the federal government, plus up to one percent. ickef and your corn Idea whose time has Phone 717-933-4114 Emergency loans for other than actual losses are available only to producers unable to obtain credit LET US DEVELOP A DAIRY FEEDING PROGRAM . JUST FOR YOU! WE HAVE EVERYTHING YOU NEED FOR A DAIRY HEALTH PROGRAM! ★ PREVENTION & TREATMENT PRODUCTS ★ ——— PLET US SHOW YOU THE ADVANTAGE OF PENNFIELD'S DRY COW FEED pennfield feeds ELMER M. SHREINER 1/ A GOODS FEED MILL R.D. 2 NEW PROVIDENCE, PA. PHONE: (717) 7R6-2500 elsewhere. “At the same time,” Bergland emphasized, “our purpose is to supplement ★ YOUR FULL SERVICE DEALER not supplant, private len ding. We would expect to return borrowers to regular, private sources of credit at A complete line of animal health products and supplies. Rohrer's Garden & Flower Seeds Ortho Lawn & Garden Products
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