The lower Midwest weather this summer has hurt farmers. Flash flood damage left the area around Kansas city in a disaster state and help is coming from the U.S.D.A.. There can be emergency loans accessible to those who need a cash til payday because their crops didn’t make it. They will have a number of months to file for the loans. Low interest is given on all loan. The Midwest has had a lot of damage done with all of the rainfall and tornados going through.
Summer heavy rains
Extensive rainfall has occurred throughout the Midwest. Many stormfronts from the Gulf region to the Great Lakes have wreaked havoc, like the Oklahoma tornadoes and 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 many farms in it. The crops in these farms got hurt by the weather. The Kansas City Business Journal, reports that summer crops were hurt by rain, flash flood and wind meaning emergency loans can be needed. Farmers who wish to take out these low cost loans can file for loans through the Department of Agriculture. 100 percent of losses could be covered with the 3.75 interest rate. People can borrow money in amounts up to $ 500,000. Not counting the six Kansas City counties, disaster has been declared on 55 counties in Missouri and 47 counties in Oklahoma.
Mother Nature hurting
It has been said more than once that Mother Nature can be a cruel mistress. Too much rain and wind can wreak havoc in agricultural areas, and that can leave farmers — the people who make sure all of us can eat — in need of cash until payday that is harder to come by these days.
Further reading
Business Journal
bizjournals.com/kansascity/stories/2010/08/23/daily12.html
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