Governor's Office of Agricultural Policy
Agricultural Development Funds Awarded
FRANKFORT, Ky. (June 18, 2010) - The Kentucky Agricultural Development Board (KADB), chaired by Gov. Steve Beshear, today approved $1,960,446 in 17 agricultural diversification projects across the Commonwealth during their June board meeting at the Franklin County Cooperative Extension Office.
$75,000 Breckinridge County Farmers’ Market Facility
The Breckinridge County Extension District Board was approved for $75,000 in Breckinridge County funds to build a new farmers’ market facility that will also provide space for agricultural workshops. The new facility will allow for more vendors and space for customers to freely move through the market.
$35,000 Cumberland Farm Products Facility Renovation
Cumberland Farm Products Association Inc. was approved for $35,000 in Wayne County funds to renovate and remodel an existing warehouse for lease to a full-service farm supply store for the benefit of Wayne County producers. The renovations will make the facility handicap accessible.
$6,120 Meade County MIG Welding Program
The Breckinridge County Board of Education was approved for $6,120 in Meade County funds to provide a metal inert gas (MIG) welding training program for area producers. The program will consist of two 15-hour courses.
$20,000 Youth Cost-share Program
The Green River Area Beef Improvement Group Inc. was approved for $20,000 in Daviess County funds to provide a cost-share program to Daviess County youth ages 14-19 for student agricultural production projects.
$10,000 Youth Livestock Cost-share Program
The Owen County 4-H Club Council was approved for $10,000 in Owen County funds for a youth cost-share program to Owen County youth ages 9 – 19 for livestock production projects.
The County Agricultural Investment Program (CAIP) is designed to provide farmers with incentives to allow them to improve and diversify their current production practices. CAIP covers a wide variety of agricultural enterprises in its 11 investment areas.
CAIPs approved by the board totaled $1,701,626 and included:
Franklin County Cattlemen’s Association Inc. $ 150,000
Grant County Cattlemen’s Association Inc. $ 200,000
Hancock County Conservation District $ 87,758
Monroe County Conservation District $ 165,438
Morgan County Fiscal Court $ 190,243
Ohio County Cattlemen’s Association Inc. $ 117,301
Oldham County Farm Bureau of Oldham County, Ky. $ 45,278
Pendleton County Agricultural Diversification Association Inc. $ 205,608
Shelby County Cattlemen Inc. $ 350,000
Trimble County Cattleman’s Association Inc. $ 190,000
The Shared-use Equipment Program is designed to impact a high number of producers who cannot justify ownership expenses associated with certain equipment by helping them access technology necessary to improve their operations in an economical manner.
County Shared-use Equipment Programs approved totaled $12,700 and included:
Monroe County Conservation District $ 9,700
Scott County Conservation District $ 3,000
Gov. Steve Beshear and the Kentucky Legislature continue to make great strides toward lessening Kentucky’s dependence on tobacco production while revitalizing the farm economy by investing 50 percent of Kentucky's Master Settlement Agreement into the Kentucky Agricultural Development Fund.
To date, Kentucky has invested more than $301.8 million to 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 represent just a few of more than 3,665 projects that have been funded through the Kentucky Agricultural Development Fund, since the inception of the program in January 2001.