February 24, 2015 • Page 11
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NATIONAL FFA WEEK!
T
LEARNING TO DO
DOING TO LEARN
EARNING TO LIVE
LIVING TO SERVE
FEBRUARY
21-28, 2015
By
By the Numbers
Numbers
MEMBERSHIP
610,240 Number of students
610,240
w h o a re m e m b e r s o f t h e
National FFA Organization
7,665
7,665 Number of local FFA
c h a p t e r s i n t h e U . S . , P u e r to
R i c o a n d V i rg i n I s l a n d s
300+ Number of careers in
300+
agriculture globally
2015 FACT SHEET
Top 5 U. S. states with largest
FFA membership
NATIONAL FFA
ORGANIZATION
The National FFA Organization is an integral part of agricultural education by helpF
ing make classroom instruction come to life through realistic, hands-on applications.
FFA members embrace concepts taught in agricultural classrooms nationwide, build
F
valuable skills through hands-on experiential learning and each year demonstrate
their proficiencies in competitions that showcase real-world agricultural skills.
FFA makes a positive difference in the lives of students by developing their potenF
tial for premier leadership, personal growth and career success through agricultural
education. Today’s FFA has evolved in response to expanded opportunities availF
able in agriculture and its needs to hire skilled and competent employees for more
than 300 careers. The organization helps students prepare for careers in business,
marketing, science, communications, education, horticulture, production, natural resources, forestr y and many other diverse fields.
The agricultural education program provides a well-rounded, practical approach
to learning through three components: Classroom education, hands-on super vised
agricultural career experiences and FFA, w
xperiences
FA which provides leadership opportunities
and tests students’ agricultural skills. The National FFA Organization is governed by
F
a board of directors, charters state associations and provides direction, program
materials and support for local chapters and state FFA association Its headquarters
d
F associations.
are in Washington, D.C., and its business operation center is in Indianapolis. The U.S.
a
D.C
Department of Education provides leadership and helps set direction for FFA as a
F
ser vice to state and local agricultural education programs.
Financing Beginning Farmers
PIERRE, S.D. - The
South Dakota Value
a
Added Finance Authority (VAFA anVAFA)
nounces tax-exempt
bonds are available
for qualifying beginning farmers.
Bond purchasers
can potentially save
thousands of dollars in federal taxes
by investing in a
beginning farmer.
r
The Beginning
Farmer Bond program through the
South Dakota Department of Agriculture (SDDA) is
available for eligible
beginning farmers
to purchase agricultural land at lower
interest rates.
To be eligible for
the program, an
applicant must be
at least 18 years
old, a resident of
South Dakota, have
a net worth under
$400,000 and own
less acres than 30
percent of the county median, says
Terri LaBrie, SDDA
finance administrator. The limit on a
r
beginning farmer
bond is $517,700.
Typically, the
Beginning Farmer
Bond program
works through a local lender; however,
if retiring farmers
are interested in
passing on their
land to a beginner
farmer, the interest
off that contract
sale is federally tax
exempt providing
substantial savings
to the seller. Ber
cause federal regu-
lations prohibit this
type of transaction
with closely related
parties such as parents or grandparents, a third party
lender is required
in those cases.
The bond program is a great way
for a beginning
farmer to buy land;
however, its also
r
advantageous for
a retiring farmer
that would be willing to enter into a
contract for deed
with that beginning farmer or an
individual investor looking to help
finance a beginning
r
farmer, says LaBrie.
The SDDA administers the Beginning
Farmer Bond program through
VAFA. The board
AFA
meets monthly and
reviews the applications for the program and issues the
bonds for approved
Farmers
continued on page 12
Georgia
37,69 8
California
76 ,470
Texas
103 , 379
Oklahoma
25 , 561
Missouri
25 ,935
D IVERSITY *
DIVERSITY
American Indian;
Alaskan Native;
Black or
6%
%
African
American
Hispanic/
Latino
21%
72%
White
1%
Asian;
Native Hawaiian
or other Paci?c Islander;
two or more races
*Based on reported data
* B a s e d o n re p o r t e d d a t a
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“The Crop Insurance Specialists”
Ph. 877-260-5126 or 605-260-5126
Fax 605-260-5128
Dave Hubbs 605-661-2085
a
Jerrold McDonald 605-661-2844
Ju
ustin Hans 402
402-841-4672
Trav Schumacher 605-760-1500
vis
Chris Hubbs 605-760-3441
W Support Our Future
We S
tO F t
Farmers of America!
Hwy 50
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665-3762
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Freeman
925-4241
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