INFLATION REDUCTION ACT conservation practices or enhancements that the USDA determines including that they directly improve soil carbon, reduce nitrogen losses, or reduce, capture, avoid, or sequester carbon dioxide, methane, or nitrous oxide emissions associated with agricultural production. Agricultural Conservation Easement Program (ACEP) – $1.4 billion n $100 million for fiscal year 2023 n $200 million for fiscal year 2024 n $500 million for fiscal year 2025 n $600 million for fiscal year 2026 These funds are to be used for easements or interests in land that will most reduce, capture, avoid, or sequester carbon dioxide, methane, or nitrous oxide emissions associated with land eligible for the program. Regional Conservation Partnership Program – $6.75 billion n $250 million for fiscal year 2023 n $800 million for fiscal year 2024 n $1.5 billion for fiscal year 2025 n $2.4 billion for fiscal year 2026 These funds must be used to support the implementation of conservation projects that assist agricultural producers and nonindustrial private forestland owners in directly improving soil carbon, reducing nitrogen losses, or reducing, capturing, avoiding, or sequestering carbon dioxide, methane, or nitrous oxide emissions, associated with agricultural production. These funds may not be paid out beyond September 2031. The act also provides funding to USDA for the following programs: n $1 billion to provide conservation technical assistance through the Natural Resources Conservation Service (NRCS) n $300 million to establish a program to quantify carbon sequestration and carbon dioxide, methane, and nitrous oxide emissions The Rural Development and Agricultural Credit provision appropriates $14 billion for rural develop and lending projects, including: n $1 billion for forgivable loans under the Rural Electrification Act of 1936 for electric generation from renewable energy sources for resale to others n $1.97 billion for eligible projects under the Rural Energy for America Program (REAP) n $500 million for new biofuels infrastructure to increase the sale and use of agricultural commodity-based fuels n $9.7 billion for USDA grant assistance to rural electrical cooperatives for renewal energy projects that promote long-term resiliency, reliability, and affordability of rural electric systems RELIEF FOR BORROWERS WITH AT-RISK OPERATIONS The act allocates $3.1 billion for distressed borrowers for the cost of loans or loan modifications. The USDA is directed to provide relief to agricultural operations at financial risk “as expeditiously as possible.” Additionally, the act allocates $125 million to provide technical assistance to underserved farmers, ranchers, and foresters. The Feed and Grain Store team members shown: (Far right) Bryan Wenzel and Mark Gleason. (Right) Brett Moore and Joanne Lee. (Below) Mark Meyer, Ray Klooster, and Brent LaMaack. It takes a team... AND WE’VE GOT ONE! GRAIN HAULING • LIVESTOCK FEED THE FEED AND GRAIN STORE ...where we put customer service first — YOU are our top priority. 415 1st St, DeWitt, IA • (563) 659-9236 76 EASTERN IOWA FARMER | FALL 2022 eifarmer.com
DAVE RIVER CONSTRUCTION, INC. Maquoketa, Ia www.daveriverconstructioninc.com 563.559.0152 Email: riverracing@hotmail.com Authorized Wick Builder Pictured: Ashley River and Dave River Start to finish solutions! Let us help you design and build your next project! • Machine Shed • Crop & Storage • Workshop • Livestock • Dairy • Solar Barn eifarmer.com FALL 2022 | EASTERN IOWA FARMER 77
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THE The Eastern Iowa Fall 2022 Farm
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TODD HUSMANN Channel Seedsman Cente
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No matter where you are, you can...
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The Eastern Iowa Farmer® DIRECTORY
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THE Farmer The Eastern Iowa Fall 20
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4-H The Equation Extension summer c
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EASTERN IOWA FARMER PHOTO / JACKIE
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4-H EQUATION as well as pathways to
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Trouble out in the field? WE’RE J
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FOR THE BIRDS swaps. A spike in bir
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FOR THE BIRDS “Contact, including
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FOR THE BIRDS About Avian Flu Avian
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1. Ben Selman and daughter Anna Sel
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1. Left to right: Mary Jo Felderman
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“The entire Peoples Company team
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We are with you every step of the w