Georgia Disaster Declaration and Gas Prices Down Again
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**Last month, Ag Secretary Tom Vilsack issued two natural disaster declarations that cover 26 primary counties and 36 contiguous counties in Georgia.
www.gfb.com reports, the natural disaster designation allows USDA’s Farm Service Agency to extend emergency credit to producers recovering from natural disasters through emergency loans.
FSA will review the loans based on the extent of losses, security available, and repayment ability.
To file a Notice of Loss or ask questions, contact your local USDA Service Center.
www.gfb.org/news/ag-news/post/usda-designates-26-georgia-counties-as-primary-natural-disaster-areas
**With winter fast approaching, average gas prices declined again for the fifth straight week, with gas dropping 5.2 cents last week to $3.50 a gallon, according to GasBuddy.
That’s down 33.2 cents from a month ago and 26.8 cents per gallon lower than a year ago.
The price of diesel, however, increased 3.8 cents last week to $4.48 per gallon, still 82 cents lower than a year ago.
**As U.S. farmers faced drought conditions this year, so too did producers in Canada.
Recently, Canada announced $219 million of support for farmers and ranchers who are dealing with extraordinary costs due to drought conditions and wildfires.
The funding, through the AgriRecovery Framework, will help recovery and ensure they have the tools needed to continue to be resilient in the face of natural disasters.
