Deadline approaches for 3 Farm Service Agency programs
Send a link to a friend
[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.
|
"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.
[to top of second column] |
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]
|