USDA’s Farm Service Agency (FSA) is reminding farmers and ranchers who participate in FSA programs to plan accordingly in FY2014 for automatic spending reductions known as sequestration. The Budget Control Act of 2011 (BCA) mandates that federal agencies implement automatic, annual reductions to discretionary and mandatory spending limits. For mandatory programs, the sequestration rate for FY2014 is 7.2%. Accordingly, FSA is implementing sequestration for the following programs:
•Dairy Indemnity Payment Program;
• Marketing Assistance Loans;
This fall, Congress has an important opportunity to create jobs and grow the economy by passing a long-term, comprehensive Food, Farm and Jobs Bill. The Farm Bill impacts every American, every day by providing a wide range of programs that strengthen our nation.
The Extension Summer Intern Program allows college students to work in a professional role in one of our county or state extension offices during the summer. By working closely with county extension agents or extension specialists, students learn if Cooperative Extension is a career they would like to pursue upon graduation. The program’s success is enhanced by the inclusion of a diverse group of students, some who have prior knowledge of our programs and some who do not.
The Spencer County Cooperative Extension Service is offering the following upcoming sewing projects:
Nov. 13: Coaster — This class will begin at 10 a.m. and will cost $5. Supplies needed include general sewing supplies and a neutral color thread. The class is limited to 10 people and will be taught by Pat Douglas and Patti Davis.
While rural Americans have already waited too long for passage of a new Food, Farm and Jobs Bill, this week brought a promising new development. Conferees from the Senate and House met to begin work on the creation of a bipartisan, long-term Farm Bill. Their work could not be more timely – and they are in the spotlight now more than ever before.
John W. McCauley, State Executive Director for Kentucky’s Farm Service Agency (FSA), announced that the loan limit for the Guaranteed Loan Program increased to $1,355,000 on Oct. 1. The limit is adjusted annually based on the “Prices Paid to Farmers Index,” compiled by the National Agricultural Statistics Service (NASS).
“Raising the guaranteed loan limit will allow FSA to better meet the financial needs of producers across the Commonwealth,” said McCauley.