Texas Offers Help To Young Farmers
Save Email Print
Bookmark and Share
Texas Offers Help To Young Farmers
Texas has joined a federal effort to offer low-interest loans to young farmers.
width:200 and height: 120 and picwidth: 200 and pciheight: 120
Font Size:

AUSTIN (March 15, 2010)--Texas has joined a federal effort funded by fees from the sale of farm license plates offer low-interest loans to beginning farmers.

The Young Farmer Grant program is designed to help farmers from ages 18 to 46 start or expand their agricultural businesses

Texas Agriculture Commissioner Todd Staples issued the first grants from the program last month.

A total of $100,000 in matching grants went to 13 young farmers who put up $10,000 of their own money.

Staples said the program aims to encourage more young people to take up farming at a time when more than 80 percent of the state's farmers are older than age 45.

The Farm Service Agency of the U.S. Department of Agriculture has managed similar loan program at the federal level since 1992.


Latest Comments

Posted by: WOW Location: Texas on Mar 16, 2010 at 06:54 PM

Now this is redistribution of wealth.
Health Care Debate
Resources
Video
Poll Question
Some think young adults are having the toughest time in the down economy. Which age group do you think feels the effects the most?

Older adults
Middle-age adults
Young adults
All age groups affected equally
Don’t know