Whether you are in the ag lending business or not, you hear a lot about the family farm these days. By all accounts in mainstream media, the family farm concept is disappearing fast, in hot water or going the way of the dinosaur. However, in reality, many of us live and work on a family farm, and we’re pretty sure we aren’t going anywhere anytime soon! Essentially, family farms represent the backbone of agriculture, and ag, in turn, is one of the driving industries of the country.
Georgia has a lot to offer when it comes to agriculture, both to those in Georgia and to the rest of the country. The stats show that one in seven Georgia residents is involved in agriculture, forestry or related fields, and the industry contributes over $72 billion to the state’s economy. With a warm, temperate climate, Georgia farmers and ranchers enjoy an exceptionally long growing season. Take a peek at Georgia’s top commodities and ag numbers.
The age old saying of “don’t put all your eggs in one basket” is a true one— especially for farmers. More and more, we’re talking with growers who are looking to diversify their family ag operations. With Thanksgiving approaching, the sheer number of turkeys available at your local grocery store may cause you to consider what it would take to start your own turkey farm. Turkey farms can be a viable option for ag operators looking to diversify or those wanting to get into an agrarian venture. No project is without risks, however, so follow our tips on starting a turkey farm.
If you’re in agriculture, then it’s important to stay abreast of the goings-on in the industry. The United States Department of Agriculture (USDA) is on the forefront of the latest stories and chronicles happening in the field. Here’s some of the latest news coming out of the USDA:
The agriculture industry is a busy one! Keep on top of the news and stories coming out of the United States Department of Agriculture:
The USDA is offering $2.5 million in grants for nonprofits and public higher education institutions to use for projects aimed at educating new and underserved farmers on the programs provided by the U.S. Department of Agriculture (USDA) Farm Service Agency. Read more here.
Looking at the numbers, a common Virginia slogan should be “Virginia is for agriculture lovers.” Virginia is a southern state with a diverse offering of mountainous regions, major cities and coastline. With a very temperate climate, major ports and a location between the north and the south, Virginia is a prime ag location.
If the thought of owning a piece of property in the country has your name written all over it, then consider our Rural Land and Home Loan program. A rural setting for a home site offers fresh air, verdant vistas and the chance to see wildlife out your back door. The countryside is also well suited to any number of ag ventures, from hobby farms to agritourism ventures and everything in between.