MDA accounces $1 million in funding for state's livestock farmers | Pineandlakes.com - Pineandlakes Echo Journal

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MDA accounces $1 million in funding for state's livestock farmers

Recipients have invested an estimated $55 million in improvements to their operations

Posted: July 16, 2013 - 4:38pm

The Minnesota Department of Agriculture announces that $1 million in grant funding is being made available to livestock producers in the state for on-farm improvements.

The Livestock Investment Grants help farmers stay competitive and reinvest in their industry. The 179 grant recipients to date have invested an estimated $55 million in upgrades to their operations since the program began in 2008.

Qualifying producers would be reimbursed 10 percent of the first $500,000 of investment, with a minimum investment of $4,000. Qualifying expenditures include the purchase, construction or improvement of buildings or facilities for the production of livestock, and the purchase of fencing as well as feeding and waste management equipment.

Producers who suffered a loss due to a natural disaster or unintended consequence may apply. The grant will not pay for livestock or land purchases or debt refinancing.

Minnesota livestock producers who applied for, but did not receive, a grant in past years will need to reapply to be considered for the 2013 program.

The deadline to apply for the grant program is Sept. 23. More information on the Minnesota Livestock Investment Program can be found on the MDA website at www.mda.state.mn.us/livestockinvestmentgrant.

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