Deadline approaches for 3 Farm Service Agency programs
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[May 22, 2012]
SPRINGFIELD -- USDA Farm Service
Agency in Illinois reminds producers of the approaching June 1
deadline for three programs: Supplemental Revenue Assistance
Payments, known as SURE; the Direct and Counter-Cyclical Program, or
DCP; and Average Crop Revenue Election, or ACRE.
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"It is crucial that producers meet the deadline for these
programs in order to receive disaster and income support," said
Scherrie V. Giamanco, FSA state executive director. "FSA
realizes that farmers and ranchers take risks every day, and
these programs form part of the safety net that can keep
producers operating after devastating natural disasters and
during times of low market prices," she said.
The SURE program compensates producers for production or
quality losses during times of disaster. All producers who have
experienced crop production or crop quality losses during the
2010 crop year must apply for SURE program benefits by the June
1 deadline. Eligibility requirements differ between producers
located in counties designated by the secretary of agriculture
as a primary or contiguous disaster county and producers located
in non-disaster counties. In addition to other eligibility
requirements, producers must have purchased crop insurance
through the Federal Crop Insurance Act or the Noninsured Crop
Disaster Assistance Program, NAP.
While SURE helps after natural disasters strike, DCP and ACRE
provide income support when there is a decline in commodity
prices. Eligible DCP participants receive a direct payment or a
countercyclical payment. Direct payment rates are established by
statute regardless of market prices. FSA reminds producers that
the 2008 Farm Bill does not authorize advance direct payments
for 2012. Countercyclical payments vary depending on market
prices and are issued only when the effective price for a
commodity is below its target price.
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ACRE protects producers from farm market revenue declines when
revenue triggers are met for a commodity at both the state and farm
level. All owners and operators who will share in the DCP and ACRE
payments on the farm must sign up by June 1.
"ACRE elections and enrollment must be completed by the June 1
deadline, as late-file provisions are not available for ACRE," said
Giamanco. "If elected in a previous year, producers must enroll for
2012 by June 1 to receive payment," she said.
For more information regarding SURE, DCP or ACRE sign-up, contact
your local county FSA office. Click here for
contact information for the Logan County office.
[Text from file received from
Illinois Farm Service Agency] |