Logan County E-NEWS

Tuesday, November 02, 2010                         Issue# 11 -10

Logan County Farm Service Agency                Phone: (217) 735-5508 Ext. 2

1650 5th St                                                               Fax      : (217) 732-9916

Lincoln, IL    62656                                               Hours: M-F, 8:00 am to 4:30 PM

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News & Information

Our goal is to provide as much information to our farmers, ranchers, landowners, agribusinesses, non-farm orientated citizens, students, and future email subscribers in the quickest, cheapest, and most efficient way.  Issuing press releases and regular newsletters fulfill our minimal requirements in publicizing information, but as we have learned over the years, it's not enough. The Logan County E-News will be published periodically and used solely to compliment the other avenues of our information dissemination needs.  Subscription is free and the advice is still cheap.  We do not discriminate.  If you know someone that wants to subscribe, share this E-News with them.  If you know someone is not getting their E-News, they should contact our office or check with their Internet Service Provider (ISP) or Email provider and flag the Logan County E-News as "non-spam" or "acceptable".  Every time we issue E-News publications, we receive several returned messages due to the security filters your ISP uses.

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Topics Covered:

·         State of Illinois hits ACRE triggers

·         U of I Extension Multi-County Directors

·         Marketing Assistant Loans – November Loan Rates

 

 

Crops hit state ACRE trigger for Illinios

WASHINGTON, Oct. 28, 2010 – Agriculture Secretary Tom Vilsack announced the states that have met the revenue triggers allowing farmers to earn Average Crop Revenue Election (ACRE) program payments on planted acres of corn, grain sorghum, soybeans (not Illinois), peanuts, lentils, dry peas and upland cotton if the farm also meets the revenue trigger. These ACRE crops are in addition to wheat, barley and oats, which have been previously announced as meeting the revenue triggers in certain states.

Q: Haven’t I already received my ACRE payment?

A: No, Remember you receive a reduced Direct Payment as well as a possible ACRE payment.  ACRE participants have received their DCP (Direct payment) portion, but no ACRE payments have been made yet. 

 

Q: Does that mean I will qualify for an ACRE payment?

A: Not necessarily.  Your FARM TRIGGER must also be met in order to qualify for an ACRE payment.

Q: Will everyone receive the same amount of ACRE payment?

A: No, You may have a different “Farm Productivity Factor” which is:

            Benchmark Farm Yield (’04- ‘08) - (your personal farm)

            Benchmark State Yield (’04-’08)

    This will result in neighboring farms receiving different amounts of ACRE payments.

 

Q: IF I qualify, when will I receive my ACRE payment?

A: Qualifying ACRE participants may expect their payments to be issued this month.

 

 U of I Extension multi-county directors announced

URBANA – New University of Illinois county directors will begin providing leadership in multi-county units on November 1.

 

“Reorganizing the U of I Extension offices statewide has been a difficult process but we are very pleased with the caliber of the personnel in the key leadership positions,” said Robert Hoeft, Interim Associate Dean for Extension and Outreach. “We are living in tough economic times, but I’m confident that our county directors will rise to the challenge and provide meaningful programs and services to the counties in their jurisdiction.”

The multi-county unit county directors are:

 Margaret Larson:  Jo Daviess/Stephenson/Winnebago                 

Vicky Broos:  Boone/DeKalb/Ogle                                                          

James Reaves:  Lake/McHenry                                                

Joe Schwamberger:  Carroll/Lee/Whiteside                                       

Sandra Davis:  DuPage/Kane/Kendall/                                  

Willene Buffett:  Cook                                                                 

Tony Franklin:  Henry/Mercer/Stark/Rock Island                             

Jill Guynn:  Bureau/LaSalle/Marshall/Putnam                     

Beth LaPlante:  Grundy/Kankakee/Will                                

Lisa Fulkerson:  Henderson/Knox/McDonough/Warren

Earl Allen:  Fulton/Mason/Peoria/Tazewell                        

Cynthia Baer:  Livingston/McLean/Woodford                     

Ginger Boas:  Champaign/Ford/Iroquois /Vermilion       

Aaron Dufelmeier:  Calhoun/Cass/Greene/Morgan/Scott           

John Fulton:  Logan/Menard/Sangamon                                             

Doug Harlan:  DeWitt/Macon/Piatt                                         

Denise Kistner:  Christian/Jersey/Macoupin/Montgomery         

Jim Looft:  Coles/Cumberland/Moultrie/Douglas/Shelby

Stacy Larson:  Clark/Crawford/Edgar                                     

Rachelle Hollinshead:  Clay/Effingham/Fayette/Jasper                 

Pam Jacobs:  Madison/St. Clair/Monroe   

Joel Brumley:  Edwards/Lawrence/Richland/Wabash    

Julie Mumbower:  Franklin/Jackson/Perry/Randolph/Williamson 

Jody Johnson:  Alexander/Johnson/Massac/Pulaski/Union

Marketing Assistant Loans & November Loan Rates

Commodity loans allow producers to maintain ownership of grain in hopes of better marketing opportunities while taking advantage of low cost operating capital.

·         CALL BEFORE YOU HAUL – Do NOT move farm-stored loan collateral without prior authorization.  Doing so is considered unauthorized disposition of grain, is considered a loan violation and subject to administrative and monetary penalty. COMMODITY LOAN RULE VIOLATIONS CAN BE AN EXPENSIVE MISTAKE! 

Spot checks will be made monthly. Notify us if you intend to move grain.

 

November Interest Rates

·         9-month Commodity loans …….....       1.250%

Farm Storage Facility Loans

·         7-yr note ………………………..             1.875%

·         10-yr note ……………………….            2.500%

·         12-yr note ……………………….            2.750%

 

Program Eligibility is Dependant on Your Crop Insurance Coverage- reminder for 2011

1)      To participate in the Direct and Counter-Cyclical Program, you are not required to purchase crop insurance.

2)     To participate in the Conservation Reserve Program, you are required to purchase crop insurance on any insurable crop or sign a waiver of any eligibility for emergency assistance connected with the crop.

3)     To participate in one of the 5 newer disaster assistance programs that were created within the 2008 Farm Bill, you have responsibilities to purchase insurance on crops that you historically have not purchased insurance on, such as forage and pasture.

 

 

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Respectfully,

John Peters

John.Peters@il.usda.gov

 

 

The U.S. Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the basis of race, color, national origin, age, disability, and where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, genetic information, political beliefs, reprisal, or because all or a part of an individual's income is derived from any public assistance program. (Not all prohibited bases apply to all programs.) Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc.) should contact USDA's TARGET Center at (202) 720-2600 (voice and TDD). To file a complaint of discrimination write to USDA, Director, Office of Civil Rights, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410 or call (800) 795-3272 (voice) or (202) 720-6382 (TDD). USDA is an equal opportunity provider and employer.