Financing for South Dakota agriculture

Posted January 2, 2012 at 8:00 am

The South Dakota Department of Agriculture (SDDA) has financial programs available for agricultural producers and agricultural related businesses.

SDDA’s financial programs partner with lenders across the state to provide borrowers with lower interest rates. Programs are available for livestock purchases, facility expansions, grain storage, and value added projects just to name a few.

“We have seen a lot of interest across the state in livestock development lately and our financial programs can assist in these projects,” said SD Secretary of Agriculture Walt Bones. “What a great way to diversify your farming operation or allow for a son or daughter to come back to the farm.” 

SDDA staff will be available at the Annual Pork Congress in Sioux Falls in January and the Black Hills Stock Show in Rapid City for anyone wanting to discuss livestock development and financing options.

For additional information on any of the financial programs offered through SDDA, call 605-773-5436. All program summaries and application forms are available at http://sdda.sd.gov.

Agriculture is South Dakota’s No. 1 industry, generating nearly $21 billion in annual economic activity and employing more than 80,000 South Dakotans. The South Dakota Department of Agriculture’s mission is to promote, protect, preserve and improve this industry for today and tomorrow.

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