NDIC - North Dakota Industrial Commission

09/19/2025 | Press release | Distributed by Public on 09/19/2025 10:28

Industrial Commission announces expansion of Grain Storage & Facility Rebuilder Program

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Friday, September 19, 2025 - 08:00 am Categories:
Bank of North Dakota
Industrial Commission
Press Release

Bismarck, N.D. - The Industrial Commission today announced the expansion of the Grain Storage and Facility Rebuilder Program from Bank of North Dakota (BND) to include storms from the Aug. 7-8, 2025, weather events in addition to the June 20-21 storms. The program helps agricultural producers replace infrastructure, such as grain storage, livestock barns, machine shops, storage sheds and irrigation pivots.

Since its announcement on July 1, the program has funded just over $17 million to 65 producers with another $5 million in loans pending. The total funds available were $37 million from the Rebuilders Loan Program which may be used pursuant to state law when the governor declares a disaster in the state.

"The severe weather events of this year have significantly impacted some of our ag producers," said the Industrial Commission in a joint statement. The Industrial Commission, consisting of Gov. Kelly Armstrong as chairman, Attorney General Drew Wrigley and Agriculture Commissioner Doug Goehring, oversees BND. "With a short growing season and cooler weather on the way, we need to ensure grain can be stored and livestock is safe."

Farmers and ranchers can access this loan program through their local lender.

"BND responds quickly in uncertain times to help producers with disaster-related loans," stated BND President and CEO Don Morgan. "This response time is so efficient largely due to our partnership with local lenders who have the best understanding of their customer's needs and strategically deliver our programs to benefit them."

To access the Grain Storage and Facility Rebuilder Program, ag producers should contact their local lender to submit an application. The program application period will close on Dec. 31, 2025. More information on the program from BND can be found at bnd.nd.gov/gsfr.

For more information:

Janel Schmitz, BND Communications & Marketing Manager

[email protected] 701.328.5880

Additional information at the following link:

IC announces expansion of Grain Storage & Facility Rebuilder Program

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NDIC - North Dakota Industrial Commission published this content on September 19, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 19, 2025 at 16:28 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]