Ohio Treasurer Robert Sprague recently announced important updates to the long-standing and recently revamped Ag-LINK program.

As part of House Bill 440, recent legislation passed to advance the Ohio Gains initiative, agricultural cooperatives have been added as eligible Ag-LINK borrowers for the first time in the program’s history. Programmatic and loan caps also have been removed from statute to ensure the program keeps pace with changing economic conditions.

Earlier this year, it was announced that for the first time ever, applications will be accepted year-round to provide borrowers with greater flexibility and access to lower-cost capital when they need it most.

“For decades, Ag-LINK has supported Ohio farmers by driving down the cost of doing business,” Sprague said. “As they face new challenges caused by crippling inflation and massive supply chain issues, we’ve taken Ag-LINK to the next level to better meet their needs. We’re proud to make these much-needed improvements at this critical time and serve the Buckeye State’s next generation of farmers.”

In the first quarter of 2022, Ag-LINK:
  • Supported 530 loans to Ohio agricultural businesses across 54 counties totaling more than $103 million.
  • Saved Ohio agricultural businesses at least $518,453 (based on the first quarter minimum loan discount of .50%).

The Ohio Treasurer’s office administers the Ag-LINK program to help farm operators, agribusinesses, and now agricultural co-ops, finance the upfront operating costs for feed, seed, fertilizer, fuel, equipment and other costs.

Those interested in Ag-LINK should contact their financial institution to begin the online loan application process.

I'm eternally grateful for the support Ohio Farm Bureau scholarships provided in helping me turn my dreams into reality.
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Bethany Starlin

Hocking County Farm Bureau

Available scholarships
I see the value and need to be engaged in the community I live in, to be a part of the decision-making process and to volunteer with organizations that help make our community better.
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Matt Aultman

Darke County Farm Bureau

Leadership development
With not growing up on a farm, I’d say I was a late bloomer to agriculture. I feel so fortunate that I found the agriculture industry. There are so many opportunities for growth.
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Jenna Gregorich

Coshocton County Farm Bureau

Growing our Generation
Labor has always been an issue, mainly because we are a seasonal operation. So that's a challenge finding somebody who only wants to work three months out of a year, sometimes up to six months.
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Mandy Way

Way Farms

Business Solutions
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Jaclyn De Candio

Clark County Farm Bureau

Young Ag Professionals program
If it wasn't for Farm Bureau, I personally, along with many others, would not have had the opportunity to meet with our representatives face to face in Washington.
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Austin Heil

Hardin County Farm Bureau

Washington, D.C. Leadership Experience
So many of the issues that OFBF and its members are advocating for are important to all Ohioans. I look at OFBF as an agricultural watchdog advocating for farmers and rural communities across Ohio.
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Mary Smallsreed

Trumbull County Farm Bureau

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