USDA to Issue Partial 2009-Crop Payments for Upland Cotton, Peanuts

USDA will issue about $121 million in partial 2009-crop counter-cyclical payments to producers with upland cotton and peanut base acres. The announcement, made today by Agriculture Secretary Tom Vilsack, applies to producers enrolled in USDA’s Direct and Counter-Cyclical Payment program. Final 2008-crop counter-cyclical payments for long grain rice and short and medium grain rice will not be issued because their average market prices exceeded levels that would trigger these payments. Learn more.