USDA to Distribute About $420 Million in ACRE Payments

USDA began issuing nearly $420 million in payments today to producers enrolled in the Average Crop Revenue Election program. Producers of wheat, corn, barley, dry peas, grain sorghum, lentils, oats, peanuts, soybeans and upland cotton will receive ACRE payments for the 2009 crop season. Congress established ACRE as part of the 2008 Farm Bill to protect farmers and ranchers from market revenue declines. Learn more.