USDA Reminds Producers of Fast-Approaching Federal Farm Program Deadlines

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USDA Reminds Producers of Fast-Approaching Federal Farm Program Deadlines

05/23/2011 04:45 PM EDT

May 23, 2011

Release 0021.11
Contact: Emaleta Mooney (505) 761-4900

USDA Reminds Producers of Fast-Approaching Federal Farm Program Deadlines

Albuquerque, NM - New Mexico USDA Farm Service Agency (FSA) State Executive Director Salomon Ramirez, reminds producers that several federal farm program sign-up and reporting deadlines are approaching. The enrollment deadline for the 2011 Direct and Counter-cyclical Program (DCP) and the Average Crop Revenue Election (ACRE) Program is June 1, 2011.

Eligible DCP participants receive a direct payment and/or a counter-cyclical payment. Direct payment rates are established by statute regardless of market prices. Counter-cyclical payments vary depending on market prices, and are issued only when the effective price for a commodity is below its target price (which takes into account the direct payment rate, market price and loan rate).

ACRE protects producers from farm market revenue declines when revenue triggers are met for a commodity at both the state and farm level. Farms that are already enrolled in the Direct and Counter-Cyclical Program (DCP) for a crop year can elect to switch to ACRE before the end of signup.

Both DCP and ACRE participants must sign annual contracts to receive program benefits. All signatures of producers who will receive a share of DCP and ACRE payments must be on file by the June 1, 2011 deadline.

"Due to multiple program deadline dates in the next few months, all FSA county offices are experiencing an increase in workload, so it is important for producers to be aware of these deadlines and make appointments with our office to sign up for program benefits as soon as possible," said Ramirez.

Below is a schedule of important FSA program deadlines to remember:

May 31, 2011 - 2010 Crop Year Final Loan Availability Date for Corn, Soybeans, Grain Sorghum, Sunflowers, Rice, Cotton and Pulse Crops

June 1, 2011 - Deadline for 2011 Direct and Counter-Cyclical Program (DCP) Enrollment and for 2011 Average Crop Revenue Election (ACRE) Program Election

July 29, 2011 - 2009 Supplemental Revenue Assistance (SURE) Program Signup Deadline

August 1, 2011 - Deadline to Request a 2011 Farm Reconstitution

September 1, 2011 – Deadline to file 2010 Production Reports for ACRE. This deadline was extended from the original deadline of July 15, 2011 for 2010 production only.

The 2011 Crop Year Acreage Reporting deadlinefor most crops and the deadline to file 2010 Production Reports for most Noninsured Crop Disaster Assistance Program (NAP)crops varies by region, so Ramirez suggests producers contact the local FSA county office to determine county- specific deadlines.

For more information about FSA program and reporting deadlines, contact your local County FSA Office or visit the web at: www.fsa.usda.gov/nm.

 

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