Value Added Finance Authority | South Dakota Department of Agriculture

Value Added Finance Authority

Authorization: Chapter 1-16E of the South Dakota Codified Laws (SDCL 1-16E)

Activities: Administer the beginning farmer bond program and make annual recommendations to the Legislature and Governor on programs to develop and promote agricultural processing activity in South Dakota, including the initial or subsequent production, use or processing of any form of agricultural commodity, product or by-product. Goal is to facilitate the retention of agricultural commodities and products in this state for the maximum feasible time span during the life cycle, use or consumption of the commodity or product.

Organization: Department of Agriculture.

Composition: Seven members appointed by the Governor. No more than four members may be of the same political party.

Term of Appointment: Three years.


Click to review Value Added Finance Authority Board Member Bios.

Robert Hull-Chairman
Sisseton, SD 57262
P: 605.698.7909

Jim Doolittle
Buffalo, SD

Mark Gross-Vice Chairman
Bridgewater, SD
P: 605.729.2222

Marcia Hendrickson
Lennox, SD
P: 605.368.5721

Charles (Chuck) Jepson
Fort Pierre, SD

Nathan Jensen
Beresford, SD
P: 605.214.6057

|Jim Schmidt
Sioux Falls, SD