USDA Announces ACRE Program States That Meet the Trigger for Corn, Grain Sorghum, Soybeans, Peanuts, Lentils, Dry Peas and Upland Cotton
WASHINGTON, Oct. 28, 2010 – Agriculture Secretary Tom Vilsack today announced the states that have met the revenue triggers allowing farmers to earn Average Crop Revenue Election (ACRE) program payments on planted acres of corn, grain sorghum, soybeans, peanuts, lentils, dry peas and upland cotton if the farm also meets the revenue trigger. These ACRE crops are in addition to wheat, barley and oats, which have been previously announced as meeting the revenue triggers in certain states.
"The ACRE program provides financial and risk management advantages to producers, and those who signed up for ACRE in 2009 will receive payments if state and farm revenue criteria are met," Vilsack said.
Congress established ACRE as part of the 2008 Farm Bill to protect producers from farm market revenue declines. In order for producers to receive ACRE payments, revenue triggers for a commodity must be met on both a state and farm basis. A listing of the states that meet the revenue triggers for the 2009 crops of corn, grain sorghum, soybeans, peanuts, lentils, dry peas and upland cotton is available at http://go.usa.gov/a5M
States that meet the revenue triggers for other commodities will be determined after the 2009-2010 marketing year average price is published by the National Agricultural Statistical Service. The scheduled publishing dates for the 2009-2010 marketing year average prices are as follows:
- Large chickpeas, small chickpeas, sunflower seed, canola, flaxseed, mustard seed, rapeseed, safflower, crambe and sesame seed – November 30, 2010
- Long grain rice, and medium and short grain rice – January 31, 2011
For more information on the ACRE program visit the local FSA office or the website at http://www.fsa.usda.gov/dcp.
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