1/09/26 – Kentucky Agricultural Finance Corp. approves more than $4 million in loans

What this means

Kentucky Agricultural Finance Corp. approves more than $4 million in loans Financing bolsters beef, forage, poultry, and grain farmers across the Commonwealth FRANKFORT (Jan. 9, 2026) – The Kentucky Agricultural Finance Corp. (KAFC) approved 20 agricultural loans totaling $4,003,087 for projects across the Commonwealth today at its monthly board meeting. Five Agricultural Infrastructure loans totaling up to $1,193,750 were approved.

Official release

Source material from Kentucky Department of Agriculture. The wording below is the issuer’s statement.

JAN. 09

Kentucky Agricultural Finance Corp. approves more than $4 million in loans

Financing bolsters beef, forage, poultry, and grain farmers across the Commonwealth

FRANKFORT (Jan. 9, 2026) – The Kentucky Agricultural Finance Corp. (KAFC) approved 20 agricultural loans totaling $4,003,087 for projects across the Commonwealth today at its monthly board meeting.

Agricultural Infrastructure Loan Program (AILP)

Five Agricultural Infrastructure loans totaling up to $1,193,750 were approved. Loan recipients were in Calloway ($250,000), Christian ($250,000), Graves ($250,000), McLean ($193,750), and Union ($250,000) counties.

KAFC participates with lenders to provide financing to producers making capital expenditures for agricultural projects through the AILP. Eligible projects include permanent farm structures with attached equipment that improves the profitability of farming operations. Producers may be eligible for up to $250,000 not to exceed 50 percent of the project.

Agricultural Processing Loan Program (APLP)

Two Agricultural Processing loans totaling up to $500,000 were approved. Loan recipients were in Bell ($250,000) and Calloway ($250,000) counties

APLP is designed to provide loan opportunities to companies and individuals in Kentucky interested in adding value to Kentucky-grown agricultural commodities through further processing. Agricultural processors may qualify for financing for acquisition of equipment, construction of new facilities, renovation/expansion of existing facilities and permanent working capital up to 50 percent of the project cost.

Beginning Farmer Loan Program (BFLP)

Twelve Beginning Farmer loans totaling up to $2,196,837 were approved. Loan recipients were in Bourbon ($104,987), Christian ($250,000), Daviess ($116,500), Graves ($250,000), Grayson ($250,000), Madison ($250,000), Marion ($150,350), McLean ($250,000), Meade ($250,000), Nelson ($45,000), Pulaski ($250,000), and Washington ($30,000) counties.

The BFLP is designed to assist individuals with some farming experience who desire to develop, expand, or buy into a farming operation. Beginning farmers may qualify for financing to purchase livestock, equipment, or agriculture facilities; to secure permanent working capital; for the purchase of farm real estate; or to invest in a partnership or LLC.

Diversification through Entrepreneurship in Agribusiness Program (DEALP)

One Diversification through Entrepreneurship in Agribusiness loan totaling $112,500 was approved. Loan recipient was in Mercer County.

DEALP is designed to assist agri-entrepreneurs with the purchase, establishment, or expansion of a business that sells agricultural products or services to farmers or consumers.

For more information on KAFC participation loans, contact your lender or Bill McCloskey at Kentucky Office of Agricultural Policy at (502)382-6093 or email kafc@ky.gov.

Release text attributed to Kentucky Department of Agriculture. Consult the official publication for any subsequent corrections or updates.