USDA Reminds Producers of Fast-Approaching Federal Farm Program Deadlines

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USDA Reminds Producers of Fast-Approaching Federal Farm Program Deadlines

05/24/2011 06:20 PM EDT

May 24, 2011

Contact:
Mike Lafolette
573-876-0929
mike.lafolette@mo.usda.gov

USDA Reminds Producers of Fast-Approaching Federal Farm Program Deadlines

(COLUMBIA, Mo.) – Edward Hamill, executive director of Missouri Farm Service Agency (FSA), 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 Hamill said.

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

For more information about FSA program and reporting deadlines visit online at www.fsa.usda.gov/mo.

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