Category Archives: News
Commodity Credit Corporation Releases Lending Rates for October
The USDA Commodity Credit Corporation, which helps stabilize, support and protect farm income and prices, released interest rates for October 2014. The borrowing rate-based charge is 0.125, which is unchanged from September 2014, while the 1996 and subsequent crop year … Continue reading
USDA Unveils Key New Programs to Help Farmers Manage Risk
Direct payments are a thing of the past. Agriculture Secretary Tom Vilsack announced two farm safety net programs that offer farmers protection when the market causes substantial drops in crop prices and/or revenues. The Agricultural Risk Coverage (ARC) and the … Continue reading
Reminder: Only a Few Days Left for Livestock Producers to Sign Up for Disaster Assistance
Producers who have suffered eligible disaster-related losses must secure assistance by Oct. 1, 2014. After that date, anyone seeking assistance will suffer a 7.3 percent reduction in the amount of disaster relief they can receive. The Budget Control Act passed … Continue reading
Deadline to Enroll in Cotton Transition Assistance Program is Oct. 7
Producers interested in enrolling in the Cotton Transition Assistance Program (CTAP) have until Oct. 7 to do so. The program provides interim payments to cotton producers during the 2014 crop year until the Stacked Income Protection Plan — a new … Continue reading
Farmers Can Use New Web Tool to Determine Coverage for Dairy Protection Program
Farmers can now enroll in the new Dairy Margin Protection Program and use helpful Web tool to determine the right coverage. The voluntary program provides financial assistance to participating farmers when the difference between the price of milk and feed … Continue reading
New Financial Assistance Available to Citrus Growers Affected by HLB
New funding is available to Florida citrus growers affected by Huanglongbing, also known as HLB or citrus greening. Agriculture Secretary Tom Vilsack announced this week that growers will be eligible for up to 50 percent of the cost of the … Continue reading
Producers Suffering Fruit Losses Have Less Than a Week to Enroll for Assistance
Producers who did not have access to crop insurance yet suffered losses to bush or tree fruit crops due to frost or freeze during the 2012 crop year have until Sept. 22 to enroll in the Noninsured Crop Disaster Assistance … Continue reading
Corn Production and Yield to be Highest on Record
A USDA Crop Production report released this week forecasts corn production at 14.4 billion bushels, up 3 percent from the August forecast. September yields are expected to average 171.7 bushels per acre, up 4.3 bushes from August. If realized, this … Continue reading
Reminder: Livestock Producers Should Sign Up for Disaster Assistance Programs by Oct. 1
Producers who have suffered eligible disaster-related losses must secure assistance by Sept. 30, 2014. After that date, anyone seeking assistance will suffer a 7.3 percent reduction in the amount of disaster relief they can receive. The Budget Control Act passed … Continue reading
Livestock Producers Reminded to Sign Up for Disaster Assistance Programs by Oct. 1
Producers who have suffered eligible disaster-related losses must secure assistance by Sept. 30, 2014. After that date, anyone seeking assistance will suffer a 7.3 percent reduction in the amount of disaster relief they can receive. The Budget Control Act passed … Continue reading