Farms.com Home   Ag Industry News

Florida Launches Loan Program for Storm-Hit Farmers

Jan 29, 2025
By Farms.com

Interest-free Loans Aid Farmers in Rebuilding after Winter Storm

Florida Commissioner of Agriculture, Wilton Simpson, has introduced a new loan program aimed at aiding farmers, ranchers, and growers affected by the recent winter storm.

The Agriculture and Aquaculture Producers Natural Disaster Recovery Loan Program provides interest-free loans up to $500,000 to help producers rebuild.

"Delivering immediate support to agricultural producers impacted by the recent winter storm, like our nursery growers in North Florida who were hit especially hard, is a critical first step to get them back on their feet," said Commissioner Simpson.

This program will assist in restoring, repairing, or replacing damaged property and infrastructure, essential for the quick recovery of the agriculture sector.

Eligibility for the loans includes having sustained damage from the winter storm, with uses for the funds including repairing buildings, equipment, and removing debris. Producers are advised to document damage through photos and save all recovery-related receipts.

The program's introduction follows the allocation of $75 million by the Florida Legislature to support agricultural recovery efforts, highlighting the state's commitment to its agricultural community.

For more information on applying, producers can visit the program's official webpage or contact the Florida Department of Agriculture and Consumer Services directly.


Trending Video

$5 Corn, $12 Soybeans, $7 Wheat & $750 Canola! Is the Top In/Party Over?

Video: $5 Corn, $12 Soybeans, $7 Wheat & $750 Canola! Is the Top In/Party Over?


$5 corn, $12 soybeans, $7 wheat & $750 canola! Is the top in and the party over with lower crude oil and an end to the Iran war?
The 2026 USDA May report could see ending stocks fall further due to red-hot U.S. corn exports, lower HRW production and lower Brazil corn production?
OK HRW wheat tour sees crop down 50% + Kansas Quality Council Wheat tour next week.
Headline news that U.S. could import Brazilian beef weighed on cattle futures.
Headline news of pseudorabies disease found in hogs in Iowa and #1 buyer Mexico may restrict exports weighed on hog futures.
Stocks are on fire.
5 senators are in China planning ahead of the Trump/Xi meeting on May 14/15. CFTC.