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Savings Incentive Program (SIP)
Practical Farmers of Iowa
What you can get
Up to $4,000 dollar-for-dollar savings match • Two-year matched-savings program. Participants save up to $4,000 in a dedicated farm savings account over two years; on completion PFI matches those savings dollar for dollar up to $4,000, to be spent on purchasing a farm asset. The program also pairs each participant with a farmer mentor and includes business planning support.
- Readiness
- Ready to apply
- Who can apply
- producer, Beginning farmers or farm operators with fewer than seven years of farming experience who live in Iowa or farm in Iowa or an adjoining state, and who hold active Practical Farmers of Iowa membership.
- Coverage
- IA, MN, WI, IL, MO, NE, SD
- Deadline & timing
- Due October 23, 2026. NEAR-TERM AND OPEN NOW: the Class of 2028 application window runs August 10, 2026 to October 23, 2026. The window is open throughout the Aug 18 - Oct 17 flag period; the close date is six days past it, so this is effectively a now-or-never listing for the 2026 cycle.
beginning farmerland programs
Last verified Aug 18, 2026. Always confirm current terms and deadlines on the official site before applying.
Plan your next step
Run a quick soil assessment or ask an agronomist how this program fits your fields.