USDA Paying Direct Farm Program & CRP Rental Payments In Oct.

Agriculture Secretary Tom Vilsack announced Monday that USDA will pay farmers and ranchers some $3.8 billion in final 2010 direct payments and $1.6 billion in annual Conservation Reserve Program (CRP) rental payments during October.

“October is an important production month because CRP rental payments, direct and counter-cyclical payments (DCP), and now Average Crop Revenue Election (ACRE) payments are paid during this first month of the federal fiscal year,” Vilsack explained. “These funds support the agricultural economy and responsible stewardship of America’s production acreage.”

Beginning Oct. 12, final direct payments for the DCP and ACRE programs will be made to more than 1.1 million producers enrolled in these programs. Participants in DCP or ACRE had the option of receiving a 22 percent advance direct payment when the farm was enrolled or delaying the direct payment until after the end of the fiscal year. ACRE revenue payments are scheduled to be made at a later time.


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