Glickman Announces up to $350 Million Increased Payment for the Conservation Reserve Program's Continuous Signup Release No. 0118.00 Mary Beth Schultheis (202) 720-4623 mary_beth.schultheis@usda.gov Dann Stuart (202) 690-0474 Dan_Stuart@wdc.fsa.usda.gov GLICKMAN ANNOUNCES UP TO $350 MILLION IN INCREASED PAYMENTS FOR THE CONSERVATION RESERVE PROGRAM'S CONTINUOUS SIGNUP WASHINGTON DC, April 13, 2000 Agriculture Secretary Dan Glickman today announced that landowners can receive more money for participation in the Conservation Reserve Program continuous signup. The new financial incentives -- totaling up to $350 million in the next three years -- include signing bonuses and more money for installing and maintaining conservation practices. "Higher payments should persuade more landowners to participate, protecting ever more environmentally sensitive land along streams, rivers, wetlands, and public water supplies," Glickman said, speaking to the Agriculture Earth Day celebration on the National Mall. "In difficult economic times for farm country, this additional $350 million will mean more cash in farmer's pockets." The continuous signup enhancements, part of the Clinton-Gore plan to strengthen the farm safely net, consist of additional economic incentives and updated rates including: An up-front signing bonus of $10 per acre for every year the contract covers. This amounts to $100 to $150 per acre at the start of the contract to help defray up-front installation costs for filter strips, riparian buffers, grassed waterways, field windbreaks, shelter belts and living snow fences. A payment equal to 40 percent of the practice installation cost, in addition to the 50 percent cost-share paid by USDA for establishing certain approved practices. Increases in maintenance rate incentives for certain practices involving tree planting, fencing, or water development. Between $2 to $5 per acre may be added to existing maintenance rate incentives. Updated marginal pastureland rental rates nationwide to better reflect the market value of these lands. In many cases, rental rates increased with the update. The rule changes and incentives apply only to certain CRP continuous signup practices that generally include small acreage that provide high environmental benefits because of their impact on much larger areas. Up to $100 million in FY2000 and $125 million in FY 2001 and 2002 will be provided in signing and practice bonuses. Unlike the regular CRP program, the continuous signup program allows producers to enroll eligible highly environmentally sensitive land at anytime, without waiting for a sign-up period or competing against other offers. Conservation practices protect streams and rivers by keeping sediment and nutrients from entering the water, providing cleaner drinking water, enhancing recreation, and improving wildlife habitats. #