Agriculture

AGRICULTURE: Local farmers escaped worst of drought

The Times Board of Economists - An economic update from Tim Stoner, Porter County farmer
2013-01-27T00:00:00Z AGRICULTURE: Local farmers escaped worst of droughtVanessa Renderman vanessa.renderman@nwi.com, (219) 933-3244. nwitimes.com

A record drought wilted crops across parts of the country last season, and apple orchards bore less fruit because of weather abnormalities.

But, thanks to last-minute rain, farmers in Northwest Indiana still fared better than their counterparts elsewhere in the United States.

Farmers in Lake and Porter counties escaped the worst of the drought, Tim Stoner said.

Crop insurance can help protect farmers, but they still see only a small profit on goods. For every dollar people spend on food, only 16 cents goes to the farmer, Stoner said.

A new program through the USDA could help farmers through their start-up years.

The department recently announced a new microloan program designed to help small and family operations, beginning and socially disadvantaged farmers secure loans less than $35,000.

Copyright 2013 nwitimes.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow The Times

Facebook

on Facebook

Twitter

on Twitter

Email

Get email updates from

Email Updates

RSS

Follow via RSS

RSS Feeds

In This Issue

Professionals on the Move Banner

Videos

Tom Sourlis: Northwest Indiana Business and Industry Hall of Fame

Tom Sourlis is one of the Class of 2013 inductees to the Northwest Indiana Business and Industry Hall of Fame.

Danita Johnson Hughes: Northwest Indiana Business and Industry Hall of Fame

Danita Johnson Hughes: Northwest Indiana Business and Industry Hall of Fame

Danita Johnson Hughes is one of the Class of 2013 inductees to the Northwest Indiana Busines…

Latest Local Offers

Bednar Auction Service
Bednar Auction Service is a full-service Real Estate Auction Company

Visit our website at:  www.bednarauctions.com

K's Construction & Roofing Inc
Its Time to Remodel Your Home!

Call K's Construction today for an estimate.

Slow Flushing Toilet or Drain?

Still waters run deep…. And these waters, are not what you wan…

Featured Businesses

Newsletter Sign-Up