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Agriculture Secretary Tom Vilsack announced September 19 $11.8 million in additional financial and technical assistance to help crop and livestock producers in 22 states apply conservation practices that reduce the impacts of drought and improve soil health and productivity. The U.S. Department of Agriculture's Natural Resources Conservation Service (NRCS) provides this assistance through its Wildlife Habitat Incentive Program (WHIP) and Environmental Quality Incentives Program (EQIP).
Since early summer, USDA has announced a variety of assistance to producers impacted by the drought, including opening conservation acres to emergency haying and grazing, lowering the interest rate for emergency loans, and working with crop insurance companies to provide flexibility to farmers. Just a few weeks ago, USDA announced $16 million in financial and technical assistance to immediately help crop and livestock producers in 19 states cope with the adverse impacts of the historic drought. In July, the Secretary announced USDA would allow producers to modify current EQIP contracts to allow for grazing, livestock watering, and other conservation activities to address drought conditions, and also authorized haying and grazing of WRP easement areas in drought-affected areas where haying and grazing is consistent with conservation of wildlife habitat and wetlands. Today's announcement expands upon these efforts and brings the total assistance to nearly $28 million.
In the Oct. 13 issue of AEM’s Advisor News, Charlie O’Brien, AEM senior vice president and ag sector lead, discussed “10 reasons not to panic about the current drop in farm equipment sales.” While I do agree with many of his observations and reasons, I feel a need to respond from the dealer’s point of view.
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