USDA ANNOUNCES $60 MILLION IN ADDITIONAL FUNDING FOR EMERGENCY GRAIN STORAGE FACILITY ASSISTANCE PROGRAM (EGSFP)

Sioux Falls, SD August 7, 2023 – The United States Department of Agriculture (USDA) published in the Federal Register a Notice of Funds Availability (NOFA) today that raises an initially announced $20 million of funding in March to $80 million due to the high demand for EGSFP. Eligible producers in South Dakota, Kentucky, Minnesota, Illinois, Indiana, Iowa, Missouri, North Dakota, and Tennessee were eligible to apply for these funds.

According to the NOFA, “This notice closes the application period for the program due to the current volume of applications received. This notice will not change any other information in the original EGSFP NOFA.”

South Dakota Corn Growers Association (SDCGA) President Dave Ellens of Madison shares, “We are pleased that USDA has increased the funding available for this program since it is definitely needed with the outpouring of response from producers.”

Payments for this program cover 75 or 90 percent of eligible expenses associated with building grain storage capacity or purchasing equipment.

A derecho swept across a large portion of South Dakota on May 12, 2022 with wind speeds exceeding 100 mph.

Ellens says, “Vilsack continues to recognize the importance of storage capacity in areas hard hit by natural disaster and we appreciate the attention paid to issues that affect growers in the countryside.”

About South Dakota Corn Growers Association: Farmer Led and South Dakota Focused

South Dakota corn producers formed the SDCGA membership organization in 1986 to serve as a collective voice on issues at the state and national levels.

The state is divided into nine districts for representation. SDCGA board of directors are elected by fellow South Dakota corn producers from their respective districts. In addition, at-large and industry directors are approved to sit on the board. SDCGA directors are elected at the SDCGA annual meeting in January. SDCGA is involved with all legislative issues, yield contests and membership recruitment activities. SDCGA meets annually to pass resolutions and hold board elections.

Find more information on the South Dakota Corn Growers Association here: https://www.sdcorn.org/about/south-dakota-corn-growers-association

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