Arkansas farmers encouraged to diversify livestock operations
To bolster the resilience and financial stability of livestock producers, the U.S. Department of Agriculture (USDA), along with organizations such as Farm Credit and Farm Bureau, has implemented programs designed to encourage diversification among livestock operations.
Diversifying production allows for more efficient use of pastureland. For example, certain livestock species graze on plants that others avoid, maximizing available resources.
These programs aim to reduce reliance on single-species operations, mitigate market volatility risks, and promote sustainable land management.
There is an abundant amount of programs available to Farmers and Ranchers from government programs to private loans available by Farm Credit, said Vice President for Farm Credit of Western Arkansas Agriculture Markets, Anna Lester.
“It’s about properly advertising them and helping farmers realize how easy it is to take advantage of such wonderful programs,” said Lester.
Diversification operates much like launching a new business. It requires careful assessment to ensure compatibility with an existing operation. One of the greatest benefits is the ability to maintain more consistent year-over-year returns.
Farm Credit Mid-America and Farm Credit of Western Arkansas offers guidance and answers key questions to help livestock producers diversify with confidence, Lester said.
The USDA’s Agricultural Management Assistance (AMA) program provides financial aid to producers implementing conservation practices, including diversification. AMA can help cover costs associated with multi-species grazing, agroforestry, and on-farm processing.
The USDA’s Environmental Quality Incentives Program (EQIP) offers Arkansas farmers and ranchers technical and financial assistance for conservation practices.
EQIP supports initiatives such as rotational grazing, water-efficient irrigation, and wildlife habitat creation, benefiting both the environment and Arkansas livestock operations. This program is especially valuable given the state’s diverse agricultural landscape.
The Livestock Forage Disaster Program (LFP) provides financial relief to livestock producers who experience grazing losses due to drought or fire. This program can be particularly beneficial for Arkansas farmers to establish diversified operations, helping offset losses across various livestock species.
Sustainable water management remains critical in agriculture. The LFP program encourages the use of wells and reservoirs as reliance on groundwater becomes increasingly challenging for farming practices. Ensuring water availability while preventing depletion is essential for long-term agricultural success.
Farmers and Ranchers can also take advantage and continue like the Future Legacy Young & Beginning Farmers Conference that Farm Credit sponsors, said Lester.
“Diversification is a key to help grow any farmers livestock production,” said Lester. “These programs and conferences provide valuable resources and support to help producers explore new opportunities and build more resilient operations.”
Livestock producers interested in learning more about these programs and how to apply can contact their local USDA Service Center or visit the USDA website. While also visiting Farm Bureau and Farm Credit website that offers frequent tips on diversification.
