The Department of Agriculture this week announced funding to help farmers rebuild on-farm storage systems impacted by recent natural disasters. USDA will make $20 million available to farmers in Kentucky, Minnesota, South Dakota and surrounding areas to rebuild damaged storage facilities damaged in 2021 and 2022 by natural disaster events. The assistance will help producers who were hard-hit by disasters and are currently struggling with a lack of available grain storage have the resources they need as they head into the 2022 crop harvest. The assistance from USDA's Farm Service Agency will help producers affected by the December 2021 tornadoes that passed through eleven counties in Kentucky, as well as producers in Minnesota and South Dakota affected by derechos in May 2022 and July 2022. Similar to other USDA cost-share programs, USDA anticipates that the funds will cover 75 percent of the eligible expenses associated with grain storage capacity costs with building grain storage capacity or purchasing equipment.
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