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Aug. 21, 2023Jefferson City, Mo. | By: Jeremy Werner
JEFFERSON CITY, Mo. - Another tool has been launched to help Missouri farmers being impacted by the drought.
State Treasurer Vivek Malek is launching the Farm Relief Loan program to aid farmers and ranchers grappling with severe drought conditions.
This program offers reduced-rate loans, providing vital support to producers affected by this year's drought. With reduced interest rates on bank loans, the MoBUCKS program will allocate $100 million for Farm Relief Loans.
The application portal closes Friday, Oct. 13th. Eligible farmers, especially in counties facing moderate or worse drought status, should apply promptly.
The FRL program aims to alleviate the challenges faced by Missouri's agriculture community during these trying times. Learn more at mobucks.mo.gov.
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