The Kentucky Agricultural Finance Corporation approved 16 loans worth a total of nearly 2-point-8 million dollars at its monthly board meeting Friday. A quarter-million of that will go to a farmer in Woodford County for a Beginning Farmer loan. Beau Neal took over as Woodford’s Agriculture and Natural Resources extension agent at the beginning of the year.
“For younger farmers or beginning farmers, capital's not always an option and you're always in the market for a lower interest rate just to help, you know, make ends meet from month to month when you're making these payments.”
