Success StoryFarmers Utilize CAIP Funds to Reinvest into Farm Businesses



Farmers Utilize CAIP Funds to Reinvest into Farm Businesses

Author: Roger "Darrell" Simpson

Planning Unit: Muhlenberg County CES

Major Program: Farm Management, Economics and Policy

Plan of Work: Planning for the Family and Farm

Outcome: Long-Term Outcome

Reinvestment in a business is a must if that business is to succeed. Farming is no exception. Muhlenberg County farmers have been utilizing funds from the County Agriculture Investment Program (CAIP) for several years to do just that. Those reinvestments have included honeybees, vegetables, grain, forages, sheep, and beef cattle. This agent obtained information from the administrator of the Muhlenberg County Cattlemen's Association to ascertain the amount of money that County Agriculture Investment Program (CAIP) participants have expended and received since 2013.  Producers participating in the County Agriculture Investment Program have expended $2,167,527.72 and have received $466,134.99 in cost share funds in the ten year period. Essentially, the producers have spent 4.65 dollars for every one dollar they have received in cost share. These farm businesses are growing.







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