Thu Jun 25, 2026
Agricultural Finance Authority
LA Agricultural Finance Authority to review and approve FY27 budgets and legislative appropriations
The Louisiana Agricultural Finance Authority will meet to approve FY27 budgets and allocate legislative appropriations. The board will also consider a DOTD resolution, a capital improvement project at Woodworth Airport, and a lease modification in Jefferson Davis Parish. Updates on the Grain Bin, SLRF Warehouse and Bagging, and Lacassine Industrial Park Paving projects are scheduled.
- Review and approval of FY27 budgets
- Allocation of FY27 legislative appropriations
- DOTD – One Resolution
- Woodworth Airport: DOTD Capital Improvement Project MSA
- Modification of Jefferson Davis Parish Lease
agriculturebudgetfinanceinfrastructureleasespublic-hearing
📄 From the agenda
Extracted text of the official agenda document (automated extraction — may contain OCR/formatting errors).
5825 Florida Blvd., Baton Rouge, Louisiana 70806 | Telephone: (225) 922-1234 Fax: (225) 922-1253
Agricultural &
Environmental
Sciences Suite
3000 (225)
925-3770 Fax:
925-3760
Agro-Consumer
Services
Suite 5000
(225) 925-3780
Fax: 923-4877
Animal Health
& Food Safety
Suite 4000
(225) 925-3962
Fax: 923-4900
Forestry
Suite 6000
(225) 925-4500
Fax: 922-1356
Management
& Finance
Suite 1000
(225) 952-8143
Soil & Water
Conservation
Suite 7000
(225) 922-1269
LOUISIANA AGRICULTURAL FINANCE AUTHORITY
June 25, 2026, 10:00 A.M.
Louisiana Department of Agriculture and Forestry
Veterans’ Memorial Auditorium
5825 Florida Blvd., First Floor
Baton Rouge, LA 70806
I. CALL TO ORDER
II. ROLL CALL AND DECLARATION OF QUORUM
III. PUBLIC COMMENTS
IV. APPROVAL OF MARCH 13, 2026, MINUTES
V. REVIEW OF FINANCIAL STATEMENTS
VI. COMMISSIONER’S REPORT
VII. PRESENTATION BY FFA MEMBER TY DUHON
VIII. LED AGRIBUSINESS STRATEGIC INITIATIVE - JESSICA STEVERSON, LED
IX. OLD BUSINESS
A. Grain Bin Project Update
B. SLRF Warehouse and Bagging Project Update
C. Lacassine Industrial Park Paving Project Update
X. NEW BUSINESS
A. Review and Approval of FY27 Budgets
B. Allocation of FY27 Legislative Appropriations
C. DOTD – One Resolution
D. Woodworth Airport: DOTD Capital Improvement Project MSA
E. Modification of Jefferson Davis Parish Lease
XI. PUBLIC COMMENT
XII. ADJOURNMENT
THIS AGENDA IS TENTATIVE UNTIL 24 HOURS PRIOR TO THE BEGINNING OF THE SCHEDULED …
Fri Mar 13, 2026
Agricultural Finance Authority
Agricultural Finance Authority to vote on property purchases and infrastructure
The Louisiana Agricultural Finance Authority will meet to elect leadership and review financial statements. The body will consider several new business items including property acquisitions and construction projects.
- Coushatta Property Purchase
- Lacassine Phase II Road Paving Project
- Construction of Grain Bins in Lacassine
- Jena Airport Lease Renewal
- FY26 Appropriation for Rice Marketing
agriculturereal-estateinfrastructurebudgetleasing
✓ Decided: Board approves multiple agricultural infrastructure projects and property acquisitions
The Louisiana Agricultural Finance Authority approved funding for grain bins and road paving in Lacassine, a building project for Tetrahedra, and a property purchase in Coushatta. The board also ratified leases and approved the expenditure of rice marketing funds to satisfy debt.
- Elected Commissioner Mike Strain as chair and Ronald Petree as vice-chair (Unanimous)
- Approved up to $1.1M for the Tetrahedra Building Project (Unanimous)
- Ratified USDA-MAO lease at the Hammond location effective Jan 1, 2026 (Unanimous)
- Authorized 10-year renewal of hangar lease at Jena Airport (Unanimous)
- Approved resolution to purchase property in Coushatta, LA (Unanimous)
- Authorized up to $700,000 for Phase 2 of Bob Odom Loop paving project (Unanimous)
- Approved up to $3.1M in rice marketing funds to satisfy South Louisiana Rail Facility debt (Unanimous)
- Authorized up to $1.75M for two additional grain bins in Lacassine (Unanimous)
📄 From the agenda
Extracted text of the official agenda document (automated extraction — may contain OCR/formatting errors).
5825 Florida Blvd., Baton Rouge, Louisiana 70806 | Telephone: (225) 922-1234 Fax: (225) 922-1253
Agricultural &
Environmental
Sciences Suite
3000 (225)
925-3770 Fax:
925-3760
Agro-Consumer
Services
Suite 5000
(225) 925-3780
Fax: 923-4877
Animal Health
& Food Safety
Suite 4000
(225) 925-3962
Fax: 923-4900
Forestry
Suite 6000
(225) 925-4500
Fax: 922-1356
Management
& Finance
Suite 1000
(225) 952-8143
Soil & Water
Conservation
Suite 7000
(225) 922-1269
LOUISIANA AGRICULTURAL FINANCE AUTHORITY
March 1 3, 2026, 10:00 A.M.
Louisiana Department of Agriculture and Forestry
Veterans’ Memorial Auditorium
5825 Florida Blvd., First Floor
Baton Rouge, LA 70806
I. CALL TO ORDER
II. ROLL CALL AND DECLARATION OF QUORUM
III. ELECTION OF CHAIR AND VICE -CHAIR
IV. PUBLIC COMMENTS
V. APPROVAL OF OCTOBER 3 , 2025, MINUTES
VI. REVIEW OF FINANCIAL STATEMENTS
VII. COMMISSIONER’S REPORT
VIII. OLD BUSINESS
A. RFSI Program Update
B. Louisiana Agricultural Workforce Development Program Update
C. Tetrahedra Building Project
D. Rice Marketing Funding Update
IX. NEW BUSINESS
A. Ratify USDA-MAO CEA
B. Jena Airport Lease Renewal
C. Coushatta Property Purchase
D. Lacassine Phase II Road Paving Project
E. Approval of FY26 Appropriation for “Rice Marketing”
F. Approval of Property Lease for SLRF
G. Construction of Grain Bins in Lacassine
X. PUBLIC COMMENT
XI. ADJOURNMENT
THIS AGENDA IS TENTATIVE UNTIL 24 HOURS PRIOR TO THE BEGINNING OF THE SCHE …
📄 From the minutes
Extracted text of the official minutes document (automated extraction — may contain OCR/formatting errors).
LOUISIANA AGRICULTURAL FINANCE AUTHORITY
BOARD MINUTES
MARCH 13, 2026, 10:00 A.M.
LOUISIANA DEPARTMENT OF AGRICULTURE AND FORESTRY
VETERANS’ MEMORIAL AUDITORIUM
5825 FLORIDA BLVD., FIRST FLOOR
BATON ROUGE, LA 70806
I. CALL TO ORDER
The meeting was called to order by the Chairman, Commissioner Mike Strain, DVM, at
10:04 A.M.
II. ROLL CALL AND DECLARATION OF QUORUM
The roll was called by Christopher Lowery.
Members present: Commissioner Mike Strain, Brayden Blanchard, Kent Brown,
Jennifer Hill, Representative Chris Turner, Ronald Petree, and Bill Waguespack
Members Absent: Katie R. Sistrunk
Advisory Board Members Present: Representative Rhonda Butler
Mr. Lowery stated there was a quorum.
III. ELECTION OF CHAIR AND VICE-CHAIR
Chairman Strain made a call for nominations for the position of board chair.
Mr. Petree nominated Commissioner Strain for the position of board chair. The
nomination was seconded by Mr. Bill Waguespack.
The motion passed unanimously.
Chairman Strain then made a call for nominations for the position of board vice-chair.
Chairman Strain nominated Mr. Ronald Petree for the position of board vice-chair. The
nomination was seconded by Mr. Kent Brown.
The motion passed unanimously.
IV. PUBLIC COMMENTS
Chairman Strain and Mr. Petree thanked the elected officials from the legislature who
were present at the meeting for their continued work for Louisiana’s agricultural industry.
There were no p …
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