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Nebraska to Host Workshop on FSA Livestock Disaster and Direct and Guaranteed Loan Programs

A free workshop on the Farm Service Agency’s Cattle Disaster Programs, Direct and Guaranteed Loan Programs, and the Nebraska Beginning Farmer Tax Credit Program will be held in Ogllala on June 29 at the Petrified Wood Gallery in 1 p.m. to 3 p.m. The workshop will provide an overview of the livestock disaster programs (LFP, LIP and ELAP) administered by the FSA and an overview of the FSA lending programs (direct and guaranteed operating and property loans, including programs for beginning farmers and pastoralists, as well as microcredit programs and the expanded farm storage facility loan program). The workshop will also address some of the issues that arise in these programs when farms and ranches use limited liability entities as part of their business and / or succession planning. There will also be a discussion of the benefits and requirements of the Nebraska Beginning Farmer Tax Credit (NextGen) program, including the requirements for using this program by family members. The workshop should be useful to owners of established farms and ranches, to their successors and to beginners. (This program is also available for CLE credits to members of the bar.)

To register or for questions, call the Rural Response Hotlie at 1-800-464-0258.