Franklin County Spring 2024 newsletter
View the Spring 2024 newsletter here Stories include past events recap, Save the Date for member appreciation day at…
Read MoreBy Ohio Treasurer Robert Sprague
For nearly 40 years, Ohio’s farming community has turned to Ag-LINK to assist with the upfront costs for feed, seed, fertilizer, fuel, equipment, and other expenses. Through the program, farmers, agribusinesses, and co-ops can save money through interest rate reductions on new or existing operating loans.
The treasurer’s office has worked closely with agriculture stakeholders across the state to modernize Ag-LINK and make it more useful in today’s economic environment. I’m happy to share that these reform efforts are paying off and the program is providing more savings than ever before.
In 2023 alone, Ag-LINK saved Ohio’s farming community more than $14.1 million, shattering 2022’s single-year record of $2.03 million. All told, that’s a 594% increase in year over year savings.
The effort to overhaul Ag-LINK was not a solution in search of a problem. Rather, it came as a direct result of the feedback we received about the ways high inflation and supply chain issues were increasing the cost of doing business. By working together with farmers across the state, we reimagined this long-standing program to work better for the people who work so tirelessly to put food on our tables.
We look forward to building upon 2023’s success and continue making significant savings accessible to Ohio’s agriculture industry. For the first quarter of 2024, Ag-LINK’s minimum loan discount is set at 2.65%. Additionally, this year’s loan cap has been set at $500,000.
Agriculture has long been the backbone of our state’s economy, and the treasurer’s office is proud to do its part to ensure that remains true for years to come. I encourage all farmers, agribusinesses, and co-ops looking at financing options to talk to their financial institution about how Ag-LINK can help them save. More information on Ag-LINK can be found on our website.
View the Spring 2024 newsletter here Stories include past events recap, Save the Date for member appreciation day at…
Read MoreThis group rating program is estimated to save members over $6 million this year alone in workers’ compensation premiums.
Read MoreThe 2024 Ohio Agriculture and Rural Communities Action plan provides a blueprint for policymakers and Ohio Farm Bureau members to bolster Ohio’s agriculture industry and our rural communities.
Read MoreJoin us for the Central Ohio Farm Bureau Member Appreciation Day on Saturday, June 15, 2024.
Read MoreFranklin County Farm Bureau is looking to hire three Fair Ambassadors for the 2024 Franklin County Fair. Apply by June 7.
Read MoreHundreds of Ohio Farm Bureau members, including representatives from Franklin Farm Bureau, gathered in downtown Columbus to meet one-on-one with their state senators and representatives.
Read MoreSpeaker topics included Rules of the Road: Trucking laws and regulations to keep you moving and addressing issues in transport as a farm operation to a for hire carrier.
Read MoreOur 2024 Women in Ag honoree was Denise Johnson, of Franklin County.
Read MoreBy Ohio Treasurer Robert Sprague For nearly 40 years, Ohio’s farming community has turned to Ag-LINK to assist with the…
Read MoreThis annual event recognizes achievements in agriculture and the contributions of women to our local farm community. Join us March 2.
Read More