Governor Steve Beshear today presented a ceremonial check to the Owsley County Conservation District from the Kentucky Agricultural Development Fund (KADF) to support Kentucky's agriculture and rural economy. Gov. Beshear, who chairs the KADF, presented the check for $312,700 to provide cost-share for on-farm improvements through the County Agricultural Investment Program (CAIP).
"As Governor, I am proud and honored to serve as chairman of the Agricultural Development Board, because I know the importance of this fund to the future of our farmers," said Gov. Beshear. "I am committed to giving our farmers the tools and resources they need to remain competitive and continue Kentucky's strong farming tradition. This Agricultural Development Fund program plays an integral role in achieving that goal for Owsley County farm families."
To date, more than $350 million in Kentucky Agricultural Development Funds have been invested in an array of state, regional and county projects throughout the Commonwealth. Over the last decade, Owsley County has been allotted more than $1.5 million dollars from the KADF.
"CAIP investments on our family farms in Owsley County and across the Commonwealth continue to be vital to the growth and reshaping of Kentucky agriculture, as well as stimulating local economies," said GOAP Executive Director Roger Thomas
The County Agricultural Investment Program (CAIP) is designed to provide farmers with incentives to allow them to improve current production practices and assist in diversifying farming operations. CAIP provides producers 11 investment areas from which to choose. Within the 11 investment areas a wide variety of agricultural enterprises are available.
Last year, most of Owsley County farmers receiving cost-share through this program invested in agricultural diversification, cattle genetics; fencing and forage improvement; and farm structure/commodity handling, as well as other areas. Owsley County is one of 106 counties that have offered this program to their producers.