PGCD Ag Loans Available

Panhandle Groundwater Conservation District’s Ag Loan program provides low interest loans to producers within the District for center pivot sprinklers, drip irrigation systems, soil moisture probes and other water saving equipment. Approximate funds remaining are $1,040,000.00 at an interest rate of 1.12 percent.

With these funds, the District is continuing to permit loans to farmers within the District for pivots, but also allows them to take out loans for other water saving equipment. The equipment includes irrigation water delivery equipment such as, aluminum or plastic above-ground pipe to replace open unlined ditches and in-line flow meters or other flow measuring devices to measure distribution system flow or output of wells, subsurface drip systems and soil moisture equipment such as, soil moisture probes and automated weather stations.

PGCD will loan 80 percent of the cost of the equipment up to $150,000 per year per applicant. For more information about this program please click here or contact Julie Bennett at the District’s office at (806) 883-2501.