- The Black Agricultural Financial Network
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- HELLO BFAA MEMBERS
HELLO BFAA MEMBERS
HAPPY HOLIDAYS!
The Latest from "Cultivating Wealth" Your Monthly Guide to Black Agricultural Wealth-Building and more
Volume 7. November 21, 2024
"CULTIVATING WEALTH“ THE BAF NETWORK”
TABLE OF CONTENTS
The 6 keys points in a narrative
Example Narrative
Social media channels
Reconnecting and preparing for 2025
Farming Fact of the Month
Announcements and updates
Dear Valued Members of the Black Farmers Agriculturalists Association Inc. (BFAA),
Greetings and welcome to the latest edition of Cultivating Wealth! Our steadfast commitment to empowering Black farmers across the nation remains stronger than ever. In this issue, we are excited to share a rich blend of community highlights, industry updates, and essential resources designed to fuel your agricultural success. Each topic has been thoughtfully curated to inform, inspire, and support you on your farming journey. Let’s dive into the wealth of information we’ve gathered to help you thrive.
6 KEY POINTS TO A NARRATIVE
Property interest
Who is the defendant/ Relationship to you
Disclose the month and Year
What were the results
Damages due to the denial
What did you ask for
Example Narrative
NARRATIVE OF MELINDA
1n 1991 I owned 9.5 acres of farmland in Greensboro, Alabama.
This land is more specifically located off Bates Mill Road, which is now County
Road # 19 in Hale County. I attempted to purchase 5 head of cows, farm
equipment to utilize the land, seeds for hay, salt blocks, minerals, fertilizer and
other farm supplies that are needed to have a healthy and safe heard of cattle. In
1995 I went to a local USDA office in Hale County, Greensboro, Alabama
attempting to apply for an FMHA operating loan. However, the USDA front desk
agent told me money was no longer available for Black Americans to apply for
livestock. And at the same time White farmers were receiving loans from USDA
for the same purpose. I have been discriminated against. I believe that the losses
from not being able to receive the loan from USDA were over $30,000.00 because
I was denied an application. I became a BFAA member in 2015 hoping that I can
be compensated for the economic loss.
Social media channels:
Stay connected with the Black Farmers Agriculturalists Association Inc. (BFAA) and be part of a dynamic community dedicated to uplifting and supporting Black farmers nationwide. By following us on social media, you’ll gain access to the latest updates on our initiatives, upcoming events, and valuable agricultural insights tailored to help you succeed. Whether you’re looking to network with fellow farmers, stay informed about industry trends, or celebrate the successes of our community, our social media platforms are the perfect place to start. Join us on Facebook, LinkedIn, and Instagram to engage, share your journey, and show your support for the movement. Click the links below and become an active part of this growing network of changemakers!
Are You on Zoom with us??
“Reconnecting and Preparing for an Exciting 2025: Join Us for Our Weekly Zoom Meetings"
Thank you for your patience during our brief pause in October’s Zoom meetings. President Burrell was away handling important business, but we are excited to announce that we’re back on track! Our first meeting in November is scheduled for the 21st, and we can’t wait to reconnect with you.
As we close out 2024 and prepare for an exciting 2025, our Zoom assemblies will play a pivotal role in keeping you informed and ready for the incredible opportunities ahead. These sessions will offer insights into upcoming initiatives, partnerships, and events that will shape the new year. From innovative projects designed to empower Black farmers to resources that enhance your agricultural operations, we’re bringing you the tools and strategies needed to thrive in 2025.
These virtual gatherings go beyond information-sharing; they are a vital platform for advocating legal and policy issues that directly affect Black farmers. You’ll gain insights into new farming laws, learn effective advocacy skills, and stay informed about the efforts shaping our industry.
Networking is another key benefit of our Zoom meetings. You’ll connect with members across the country, exchange ideas, and find opportunities for collaboration and mentorship. These connections often lead to partnerships and innovative solutions that can elevate your agricultural ventures.
Our interactive Q&A sessions allow you to ask specific questions, address your concerns, and engage in discussions with President Burrell and other BFAA experts. Additionally, you’ll learn about the latest farming technologies and methods to boost productivity and efficiency.
While attendance isn’t required for grant eligibility, participating in these meetings significantly enhances your ability to succeed in your agricultural activities. The knowledge and connections gained can lead to increased profitability, better operations, and a stronger sense of community.
We strongly encourage all members to make these weekly virtual gatherings a priority. Although recordings might be available, live attendance ensures you fully benefit from the interactive elements. Don’t miss this chance to empower your farming journey—join us starting November 21st and see the impact these meetings can have on your success!
5. Farming Facts of the Month
Farm sales
In 2022, Black-operated farms sold $2.8 billion in agricultural products, accounting for 0.5% of total U.S. agriculture sales.
Farm size
In 2018–2020, the average African-American-operated farm was less than one-third the size of other farms.
Farm production value
The average total value of production for African-American farms was about $29,000, while that of farms with principal operators of other races was about $177,000.
Farmland ownership
In 1919, Black farmland ownership peaked at 16 to 19 million acres, but 90% of that land has been los
Remember, "Cultivating Wealth" is committed to:
Keeping you up-to-date on the latest agricultural trends and policies
Teaching valuable skills and strategies for farm management and growth
Giving back to our community through grants and resources
Communicating the issues that matter most to Black farmers.
Your active participation and word-of-mouth recommendations help us grow stronger together.
In conclusion, your engagement with BAF NETWORK and "Cultivating Wealth" is crucial to our collective success. By staying informed, participating in our events, and spreading the word, you're not just cultivating your own wealth – you're nurturing the prosperity of our entire community.
Together, we're planting the seeds for a bountiful future in Black agriculture.
Wishing you a prosperous month ahead!!!