Farmers in the lower Midwest are hurting from the bad weather this summer. Areas in and around Kansas City were officially announced a disaster area after flash flood damage, and also the U.S.D.A. has announced it will do all it can to help. Farmers need advance on cash because of damaged crops may have loans accessible to them. They may have various months to file for the loans. 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.
Summer heavy rains
There has been a lot of rain in the Midwest. There was much more than normal. Many stormfronts from the Gulf region to the Great Lakes have wreaked havoc, like the Oklahoma tornadoes and also the Milwaukee floods. Kansas city has seen a lot of pain also. The U.S. Department of Agriculture declared six of seven counties in the Kansas City, Mo., metro area natural disaster areas, and those counties could use some cash now to help rebuild.
Farms experience extensive damage
The area had numerous farms in it. The crops in these farms got hurt by the weather. Emergency money will be needed by numerous, says the Kansas City Business Journal,. This is because flash flood, rain and wind hurt all of these crops. Farmers wanting low cost loans can apply for them. This is going through the Department of Agriculture. The rate of interest will be set at 3.75 percent, and also the amount can be up to 100 percent of losses. People can borrow money in amounts up to $ 500,000. Oklahoma has 47 counties considered in disaster while 55 counties in Missouri are announced disaster. This doesn’t consist of the six from Kansas City.
Mother Nature hurting
It has been said more than once that Mother Nature could be a cruel mistress. Farmers do a good job of feeding us all, although too much rain means ruined crops for most areas.
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Business Journal
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