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No crop financing for some farmers
County Agent Glen Daniels says a small percentage of parish farmers will not obtain financing this year due to crop losses suffered from hurricanes Gustav and Ike last fall and because of the current financial crisis.
"Some will not be able to carry their debt from the hurricanes and refinance for this year's crop," said Daniels, who recently was assigned by the LSU AgCenter to handle the duties as county agent of Catahoula Parish.
"Cliff Watts resigned from the job in Catahoula and I've been asked to take on that job for the time being," said Daniels, who served as Tensas Parish county agent for a period a few years ago. He's continue to serve Concordia while assisting Catahoula farmers.
"I started today," Daniels said Tuesday.
"I think it will be too late for some farmers to get their financing before the farm aid bill proposed by Sen. (Mary) Landrieu is passed," he said.
Kevin H. Case, County Executive Director for the Concordia Parish Farm Service Agency, agreed that some producers will not be farming this year.
"We're going to lose some because 2008 crops were destroyed in field," said Case. "Some producers did not have enough crop insurance to cover the cost of the crop."
He said that "commodity prices have tanked. Production costs have increased. Any disaster money received through FSA for 2008 crop loss will not come in time to be figured in with 2009 cash flow."
Daniels said he looks for soybean acreage to be the highest in Concordia this year.
"The price of crops, costs of farming, the international situation and many other factors determine how a farmer in Concordia operates," said Daniel. "We're just trying to get as much information as possible for them to make the best decisions they can." |
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