Agricultural commodities which qualify for this program are corn, soybeans, oats, hay, hogs, cattle, dairy cattle, sheep, lambs, chickens, turkeys and eggs. The borrower must be at least 18 years of age. The maximum duration of eligibility for all new borrowers is five years. The following projects have received funding through the LIFT Value-Added Agriculture program. This list represents the types of projects that will receive strong consideration for funding.
Finished products produced are neutraceuticals and research proteins.
The GPS system allows the business to map customer's fields and conduct soil tests to produce higher quality hay and corn stalks for livestock feed or processing. The higher quality hay can be used in a variety of specialty products that cannot be produced using traditional hay. Riceville, Iowa-Organic processing of soybeans and sunflowers. LIFT funds were used for expansion into corn germ and improvement in overall process. Products include organic oils and meals.