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 accessible to them. These farmers have a few months to choose whether or not they need loans. They can file for them later. Interest on the loans is very low. The Midwest has seen a lot of damage this year. Tornados and a ton of rain have caused damage. Resource for this article – Missouri and Kansas farmers to get emergency money from U.S.D.A. by Personal Money Store.
Summer heavy rains
The Midwest got a lot of rain. There were numerous storms coming from the Gulf to the Great Lakes. These include the Milwaukee floods and the Oklahoma tornadoes that caused a lot of problems. Kansas city has seen a lot of pain as well. 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 money now to help rebuild.
Farms get hurt
The weather has hurt the summer crops of the farms in 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 money could be made available. Farmers who wish to take out these low cost loans can file for loans through the Department of Agriculture. 100 percent of losses can be covered with the 3.75 interest rate. Farmers can borrow quite a bit. The max is $ 500,000. Not counting the six Kansas City counties, disaster has been declared on 55 counties in Missouri and 47 counties in Oklahoma.
Mother Nature can take a toll
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
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