Governor's Office of Agricultural Policy
Eight Agricultural Incentives Approved
FRANKFORT, Ky. (Nov. 20, 2015) – Today the Kentucky Agricultural Development Board, chaired by Gov. Steve Beshear, approved $556,747 for eight agricultural diversification and rural development programs across the Commonwealth during its November board meeting.
Youth Heifer Chain
The Russell County Cattlemen’s Association, Inc. was approved for $20,200 in Russell County funds to initiate a heifer chain program for 4-H/FFA youth. These funds will allow increased involvement in the livestock industry through the purchasing of heifers for eligible Russell County youth. For more information about this project, contact Jared Foley at 270-866-4477.
Two County Agricultural Investment Programs (CAIP) were approved by the board totaling $371,354, for Lee County ($89,800) and Lewis County ($281,554). CAIP offers 10 investment areas that give Kentucky agricultural producers the ability to increase net farm income, add value to their products and diversify their operation. CAIP benefits and enhances agriculture across the state by stimulating markets for Kentucky agricultural products.
In addition to these new approvals, an additional $142,453 was approved to enhance existing CAIPs in Bracken ($81,579), Cumberland ($27,500) and Mason ($33,374) counties.
The Shared-use Equipment Program assists broad-based community organizations on the purchase of farm equipment. The equipment purchased is made available for producer use in a specific county on a leased basis. One Shared-use Equipment Program was approved by the board for Bracken County Conservation District totaling $18,240. The funds will be used to purchase an in-line bale wrapper.
Franklin County ($4,500) was approved for the Deceased Farm Animal Removal Program (DAR). DAR serves as a measure to facilitate the coordination of environmentally sound and cost-effective disposal of deceased livestock for Kentucky producers.
Gov. Steve Beshear and the Kentucky General Assembly continue to make great strides toward lessening Kentucky’s dependence on tobacco production while revitalizing the farm economy by investing a portion of Kentucky's Master Settlement Agreement Funds into the Kentucky Agricultural Development Fund.
To date, Kentucky has invested more than $454 million in an array of county, regional and state projects designed to increase net farm income and create sustainable new farm-based business enterprises. These funding approvals, made possible by the Kentucky Agricultural Development Fund, represent just a few of the more than 5,100 projects approved, since the inception of the program in January 2001.
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