April 14, 2026—10-11—South Dakota Farmers Union Show—51-73

(((FROM the BLACKBURN STUDIOS in Downtown Sioux Falls—Become a Blackburn PROTECTED HOME

(((MUSIC---THIS OLE HOUSE)))

((((YEE HAH –I’m Bill Zortman and WELCOME to the South Dakota Farmers Union Show—part of our ORIGINAL It’s YOUR Business Series—and Show 51-73

   I’m Bill Zortman and Welcome to the South Dakota Farmers Union Show----a show we do traditionally on the 2nd Tuesday of the month in the 10:00 HOUR---It’s a Show South Dakota Farmers Union has done with me and you our audience for more than a dozen years—without a break.

   The man with the most experience is Doug Sombke---(((605-350-4211)—President of the South Dakota Farmers Union---

   As we start the show this morning---what is the most important farm fueled fact you can share with our audience---what are they concerned with are they proud of ---and where is this farm year headed –as you see it?

  -----------Doug---------------

• Where are we---and where do you think we are headed in 2026?

------Doug---------------

• Biggest concern for your members and their families—mid-way in April-------
• The economy----how is it affecting your membership—and their families-------
• The strength of South Dakota Farmers Union----and what you need most to happen this year---here---there—and even world-wide

Doug Sombke---President South Dakota Farmers Union---

---------One good thing about this South Dakota Farmers Union Show is that the National Farmers Union President—Rob Larew makes more monthly shows then misses them---

   This morning on your to do list is

• Fertilizer Prices
• Input cost raising
• Country-of-origin labeling
• A few of the topics that Farmers Union members have expressed their concerns to you here in the first 4 months of 2026---and what they need to have happen –to be a year they will want to remember?
• Ag-wise what you see farmers need as a group around this country to have a year they will continue to talk about---

   Rob Larew—President of National Farmers Union—thanks for your leadership---and know we always appreciate hearing from you with your thoughts on where we are and where ag could well be headed.

   When we come-back—a visit Gerri Eide---Leader of all Stuff STATE FFA Convention NExT

9:17/30---SD Farmers Union Commercials

9:19/00---Farmers Union 2

   Welcome back to the South Dakota Farmers Union Show—and what a nice partnership this morning to be able to visit with Gerri Eide—sharing –all stuff of the State FFA Convention that is now ready to open

-----------Gerri—set the stage if you will for that State Convention—the times—where it is –and the theme this year---

-----------------Gerri-----------

    For those that don’t know how many South Dakota FFA Members are there---and what do you see as key in 2026?

  ----------------Gerri-----------

    You do have a new State FFA President –can you introduce us to Tyler Strasser2007@icloud-com

   ----------------Gerri-----------

     Tyler if you will---where are you from---and why did you want to be the State President---and what projects do you want to get accomplished before your year gets rolling and becomes a part of history?

   ----------------Tyler------------

     You family---your connection----and after your highly successful year-----as President---how do you want to go out into the world---

-------------------Tyler--------------

     Tell us about your FFA Officers for 2026---

-------------------Tyler---------------

    Tyler Strasser we would like to have you join us in future shows to share what projects your Officers are completing---and what you learning—

   Just ahead---after Fox Business News---and mid break—we’ll visit  with Kristy Smith---Farm Service Agency—Direct Farm Loan Programs

9:29/00—Commercials

9:30/00---Fox Biz News

9:32/30---Farmers Union 3

----when last we spoke we introduced you to Kristy Smith--

   You will be talking to us about the Farm Service Agency—Director Farm Loan Programs

    Farm Ownership (FO) $600,000

• Eligibility Note—applicant must have participated in the business operation of a farm for at least 3 out of the last 10 years

---Discuss your situation with an FSA Loan Official

---Purchase farm/ranch, enlarge an existing farm, construct new farm buildings, improve existing farm buildings, pay closing costs

. Purchase farm/ranch, en large an existing farm, construct new farm buildings improve existing farm buildings, pay closing costs

.up to 40-year term

         Joint Financial 50/50 with commercial lender $600,000

   -----Discounted rate—2% less than the Direct Farm Ownership Rate Floor of 2.5%

   -----Up to 40-year Term

…Downpayment Program--$300,150 -5% down, 45% FSA Fianciang & 50% commercial financing

    ----Beginner Farmer/Rancher, Socially disadvantaged and Veteran Farmers ONLY

       -Added beginning farm eligibility -Does not own real farm property that exceeds 30% of the average acreage of the farms in the country where the property is located

   -Discounted rate 4% below the Direct Farm Ownership Rate with a floor if 1.5%

   .Microloan: $50,000 –for farm ownership and operating purposes

Operating (OL) $400,000

   .Annual Operating Expenses

   .Livestock, machinery & Equipment purchases

   .Terms  1- 7 Years

Microloan: $50,000

  .For operating or farm ownership purposes

  .Non-traditional operations and specialty operations

  .Ideal for small and beginning farmers with a simplified application process

 YOUTH LOAN---$10,000

 . Ages 10-20 years

 . Participate in 4-H FFA or similar organization

 . used to finance income producing Ag-related projects that ae modest in size

 . Repayment Term 1-7 years

  Beginning Farmer Definition:

  .Has not operated a farm or ranch for more than 10 years

  .Farm Ownership Loans added beginning farmer/rancher cannot own real property that exceeds 30% of the county average where the property is located

   Discuss options with your local FSA Loan officer, as no two farms are alike and there are more details that we can review in a short 5-minute segment. SD has amazing Farm Loan Program Staff who can work with many types and kinds of operations---reach out and make them connect with them----

10;47/00—Commercials—Farmers Union Show

10:48/30---Farmers Union Show

-----Discussion----where we are---where we are going—and the hopes for the spring and summer of 2026---

10:53/00---Commercials---Farmers Union Show

10:54/30---Show close---

---Laura Edwards—South Dakota Climatologist---

----what she sees and where we are going---

  Closing---events ahead- next week---and for the summer that can’t be far away

----our time is up—thank you for yours