Facebook Twitter Previous articleCorn and Soybean Growers Helped by Boost in Meat ExportsNext articleAg Economy Barometer Stable, but Farmers Less Optimistic About Future American Farm Bureau Federation SHARE By American Farm Bureau Federation – Aug 4, 2020 Mixed News on Farm Bankruptcies Amid Pandemic Farm bankruptcies increased 8% over a 12-month period, with 580 filings from June 2019 to June 2020. A six-month comparison, however, shows the number of new Chapter 12 filings slowing. Several contributing factors are likely at play as farmers struggle to stay afloat during the COVID-19 pandemic.The Midwest, Northwest and Southeast were hardest hit, representing 80% of the filings across the U.S. Wisconsin led the nation with 69 filings, followed by 38 in Nebraska. Georgia and Minnesota each had 36 filings.A closer examination of the numbers shows that while year-over-year filings increased for the month of June, filings slowed during the first six months of 2020 compared to the first half of 2019. The latest AFBF Market Intel, written jointly with the Association of Chapter 12 Trustees, shows from January to June 2020, there were 284 new Chapter 12 bankruptcy cases, 10 fewer than the same time in 2019. The reduction in filings coincides with aid distributed in the CARES Act that compensates farmers and ranchers for losses incurred from January through mid-April of this year. According to the Association of Chapter 12 Trustees, approximately 60% of farm bankruptcies are successfully completed – the highest successful percentage of all the reorganization chapters.“Every farm bankruptcy potentially represents the end of a family’s dream,” said American Farm Bureau Federation President Zippy Duvall. “The fact that we saw bankruptcy filings slow in the first six months of 2020 shows how important the economic stimulus alongside the food and agricultural aid from the CARES Act have been in keeping farms above water, but the economic impact of the pandemic is far from over. It’s imperative that Congress addresses the challenges facing farmers and ranchers in current coronavirus relief legislation.”As of August 3, $6.8 billion in CFAP payments have been delivered to farmers and ranchers. Many farmers, particularly those who are not regularly eligible for aid, have not applied for assistance or may not know the assistance is available. Farmers can learn more about coronavirus assistance at www.farmers.gov/cfap.AFBF Chief Economist John Newton said, “The bankruptcy numbers don’t tell the whole story. The fact that the bankruptcy process is now virtual probably contributed to a decline in numbers. CARES Act assistance was also a bandage that slowed the bleeding on many farms, but those protections will soon expire. Without more help we could expect to see filings begin to rise again.” SHARE Facebook Twitter Home Indiana Agriculture News Mixed News on Farm Bankruptcies Amid Pandemic
Governmental Measures Target Expanded Access to Affordable Housing 2 days ago February 19, 2019 2,180 Views Lessons Learned From 10 Years of Foreclosure Data Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Tagged with: Foreclosure Housing Crisis NFMC Program The Urban Institute Stephanie Bacot is an experienced multimedia writer having created content for print, web, television, and more. She is the past producer of BIZTV, a national television network for businesses and entrepreneurs that reached more than 200,000 professionals. She has more than 15 years’ experience in healthcare marketing and was an advertising exec for Healthcare Journal of Baton Rouge, a trade publication focused on the healthcare industry, as well as the marketing director for a $5 million surgery center. Bacot is a graduate of Louisiana State University with a degree in Marketing and Communications. She resides in Dallas when she’s not pursuing her love of travel. About Author: Stephanie Bacot Data Provider Black Knight to Acquire Top of Mind 2 days ago Foreclosure Housing Crisis NFMC Program The Urban Institute 2019-02-19 Donna Joseph Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, News, Servicing Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: When Homebuyers Give Love to Luxury Neighborhoods Next: The Growth Trajectory of Single-Family Rent Prices Sign up for DS News Daily Share 1Save Looking back, what were some of the lessons learned that will help policymakers moving forward? A new report from The Urban Institute talks about one program’s success and shares some of what they learned. NeighborWorks America, the Congressionally chartered nonprofit organization that implemented the National Foreclosure Mitigation Counseling (NFMC) program, identified 4 main takeaways that can be used as guidelines in the future national crisis. The foreclosure crisis was evident towards the end of 2007 when the number of US homeowners at risk of losing their homes had doubled in one year and those numbers were climbing. In response, Congress launched the National Foreclosure Mitigation Counseling program in December, which helped 2.14 million homeowners by walking them through the foreclosure process. NFMC’s paid counselors helped homeowners in vulnerable communities explore solutions like renegotiating with their lender or exiting a home they could not afford. First, collaboration is key, stated the report. It may seem obvious, but the faster a consensus is reached on what the crisis is, how to respond and reach shared goals the quicker existing programs can mobilize and get to work. NeighborWorks gathered experts from the field, government agencies, and practitioners on the ground for approving counseling agencies and designing data tracking systems. This enabled them to award $130 million in 60 days, more than 2.5 times their mandated target. In a crisis, funds reaching people in need quickly is a major asset. Next, the importance of transparency, collaboration, and flexibility. Document everything, and make key decisions public, especially when using government funds. Be attentive to problems that emerge, listen to feedback, and tweak. In addition, monitor and evaluate regularly, have systems in place to report data, evaluate results and show value. And last, set high performance standards and help grantees meet them. The Urban Institute highlighted the strong reporting structure and culture of the NFMC program that enabled NeighborWorks standardized foreclosure counseling practices and paid for thousands of counselors to attend training. Taking these valuable lessons from the past, the industry is now better prepared to respond to a housing crisis in the future.Read the full story here. Print This Post Subscribe The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Lessons Learned From 10 Years of Foreclosure Data
St. Louis Track competed against South Ripley, Jac-Cen-Del and Madison Shawe.The girls who won ribbons were: Pam Meneses 2nd in the shot, 2nd in the discus and 5th in the 800m. Elizabeth Gigrich 2nd in the 100m and 2nd in the 200m. Allie Savage 4th in the 100m. Hope Kroen, Pam Meneses, Nicole Amberger and Elizabeth Gigrich 3rd in the 4X100 relay. Pam, Nicole, Hope and Elizabeth 2nd in the 4X400 relay. The boys who won ribbons were: Mike Wanstrath 3rd in the shot and 2nd in the discus. Aiden Geers 5th in the high jump. Max Giesting 4th in the long jump, 3rd in the hurdles and 5th in the 100m. Tyler kuntz 1st in the 1600m and 1st in the 800m. Tyler, Conner Ertle, Aiden and Max 3rd in the 4X400 relay.
Those seniors included:Keegan Bailey, long jump, triple jump, high jumpCam Cunningham, throwerRyan Frost, throwerTim Gibbons, 800 and 400 meters, 4×400 and 4×800 relaysEric Groff, distance runningTom McCay, pole vaultHunter McCullough, 800 meters, 4×800 relay, 400 hurdlesJason Olkowski, 110 hurdles, discus, pentathlonMike Parrella, triple jump, 110 hurdles, pentathlonCormac Race, 200 and 400 meters, 4×400 relayDalton Sevier, high jump, pole vaultJoe Spires, 100, 200 and 400 meters, 4×200 relayGordon Wester, throwerConnor Wilson, 400 hurdles, 200 meters, 4×400 relayShaun Zampetti, distance runningShare this:FacebookTwitterLinkedInRedditComment on this Story On May 28, five Cazenovia High School track and field coaches embarked on a five-car caravan to show their gratitude to 15 graduating seniors – all of which were denied a final outdoor track and field season.The coaches – Mark Evans, Adam Wakeman, Dan Buddie, Mark Tugaw and Adam Reynolds – met on Zoom and determined each student needed to be show how much they mean to the program.A plan was put in place where the coaches would go out together and personally show their appreciation to each of the seniors. Tags: Cazenoviatrack and field Now the coaches set out from Corwin Street, headed out to each senior’s home. Not only did they want to show how much these students meant, but also give them their own baton as a symbol of “passing the baton” to each of them, similar to what is done at track races during relay events.Inside each of this bit of “CAZ” memorabilia was a rolled sheet that included individually written coaches’ notes and comments for each of the seniors.In the last four years, these 15 seniors have contributed to multiple wins at individual meets along with Onondaga High School League Liberty division and Section III championships – most notably two consecutive outdoor track sectional titles in 2018 and 2019 and an indoor track sectional Class B-2 title in 2020.