DCP & ACRE Sign-up
The FSA County Office began enrollment for the 2012 Direct and Counter-Cyclical Program (DCP) and also the 2012 Average Crop Revenue Election Program (ACRE) Program on January 23rd, 2012 and will continue through June 1st, 2012.
There will be no advanced direct payment for the 2012 crop year. Payments will be issued after October 1st, 2012 and will reflect on 85% of your farm base acres.
The ACRE program provides eligible producers a state-level revenue guarantee, based on the 5-year state Olympic average yield and the 2-year national average price. ACRE payments are made when both state and farm-level triggers are met. By participating in ACRE, producers elect to forgo counter-cyclical payments, receive a 20-percent reduction in direct payments and a 30-percent reduction in loan rates. The decision to elect ACRE binds the farm to the program through the 2012 crop year.
Planted crops considered eligible for ACRE payments include but not limited to: wheat, barley, oats, grain sorghum, corn, pulse crops (dry peas, lentils, chickpeas or garbanzo beans), oilseeds (soybean, canola, crambe, flaxseed, mustard seed, safflower).
The Direct and Counter-Cyclical Program (DCP) provides producers an income safety net in the form of annual direct payments and counter-cyclical payments when commodity prices fall below certain price levels.
The 2012 DCP and ACRE contract signatures for enrollment are due by the signup deadline of June 1st, 2012.
If you have specific questions or need details regarding USDA farm programs including DCP or ACRE, contact your local USDA Farm Service Agency office. You can also get news and information about USDA programs at www.fsa.usda.gov
An agricultural economics and business web site.