$750,000 approved for three Agricultural Diversification and Development projects

FILE – In this Aug. 26, 2020 file photo, a farmer discs over a corn field on at a farm north of Woodward, Iowa. The corn was damaged beyond salvage by the recent derecho. Thanks to the government paying nearly 40% of their income, U.S. farmers are expected to end 2020 with higher profit than 2019 and the best net income in seven years, the Department of Agriculture said in its latest farm income forecast. Farmers faced challenges throughout 2020 that included the impact of trade disputes; low prices that drove down cash receipts and weather difficulties. (Bryon Houlgrave/The Des Moines Register via AP File)

Posted: Jun 4, 2022 / 07:09 PM CDT

Updated: Jun 4, 2022 / 07:09 PM CDT

The Agriculture Commissioner Doug Goehring has announced Agricultural Diversification and Development (ADD) Fund awards for three projects.

The ADD Fund is administered by the North Dakota Department of Agriculture in association with the Bank of North Dakota.
The fund was created to support new or expanding value-added-agriculture businesses that demonstrate financial feasibility, enhance profitability for farmers and ranchers, create jobs and grow North Dakota’s economy.
The types of projects eligible for the fund include but are not limited to, food production and processing facilities, feed or pet food processing facilities, commodity processing facilities, agriculture product manufacturing and animal production facilities.

The awards totaling $750,000 were approved at the ADD quarterly meeting May 19 in Watford City.