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Free Financial Planning Available to Flood Victims

Armed with a $25,000 grant from CF Industries, Inc., Iowa State University (ISU) Extension is providing free financial planning to Iowa farm families dealing with the aftermath of this year’s flooding.

Using the company’s commitment, ISU will temporarily offer its Farm Financial Planning services at no charge. Families in disaster-affected counties can use the program to evaluate their farm businesses in response to flooding, delayed planting or rising livestock feed costs.

Farm Financial Planning is ISU Extension’s farm financial analysis program offering one-on-one financial counseling, a computerized analysis of the farm business and referral to other Extension programs or services.

For more information, visit the ISU Web site or contact your local ISU Extension county office.

CF Industries has also committed another $25,000 to help ISU’s College of Agriculture and Life Sciences restore flood-damaged areas at research farms across Iowa. That effort will help ISU replace tile drains, reseed eroded waterways, repeat field experiments that were destroyed and support long-term studies on soil fertility, water quality and crop rotation.

CF Industries, Inc., the major operating subsidiary of CF Industries Holdings, Inc., is one of the largest manufacturers and distributors of nitrogen and phosphate fertilizer products in North America, headquartered in Deerfield, IL.

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© 2009 Penton Media Inc.

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