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Funding:
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Applicants must be an independent producer, agricultural producer group, farmer or rancher cooperative, or a majority-controlled producer-based business venture. The project must show evidence of a high likelihood of creating value added for an agricultural product. Value-added is the incremental value that is realized by the producer from an agricultural commodity or roduct as a result of a change in it's physical state, differentiated production or marketing, as demonstrated in a business plan, product segregation or the economic benefit realized from the production of farm or ranch-based renewable energy. Incremental value may be realized by the producer as a result of either an increase in value to buyers or expansion of the overall market for the product.
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