Posted: Dec 23, 2010 5:24 AM by Nichole Larkey
BATON ROUGE, La. (AP) - State agriculture officials say more
than 1,000 Louisiana farmers will share $5.7 million to help them
recover losses suffered after Hurricanes Gustav and Ike in 2008.
Agriculture and Forestry Commissioner Mike Strain says the
funding, announced Thursday, was part of the 2008 Farm Recovery
Program designed to help farmers and ranchers with their 2009
production costs. The money was made available through the second
round of funding in the program.
Just over 1,000 farmers received $34.8 million through the first
round of the program. In the second round, they will receive 18
percent of their original loan amount. Farmers were told of their
eligibility by letter in November and disbursement began Dec. 6.
The average additional grant is $5,706.