Farmers can enroll in the new dairy Margin Protection Program beginning Tuesday, Sept. 2. The voluntary program provides financial assistance to participating farmers when the difference between the price of milk and feed costs falls below the coverage level selected by the farmer. To help dairy farmers determine the level of coverage needed under the Margin Protection Program, USDA launched a new Web tool that allows farmers to quickly and easily combine unique operation data and other key variables to calculate their coverage needs based on price projections. Learn more or use the new Web tool.
Farmers Can Sign Up for New Dairy Protection Program Sept. 2; New Web Tool Helps Determine Coverage
USDA Continues Commitment to Hurricane Sandy Victims
The U.S. Department of Agriculture announced its continued support to victims of Hurricane Sandy by providing up to $99 million in conservation funding to assist victims in Connecticut, New Jersey and New York. The funds will be used to enroll 671 acres of hurricane-damaged property into permanent floodplain easements, which will help make communities more resilient to future flooding and storm surges. “More homeowners and communities that are still struggling from Hurricane Sandy will now find relief,” said Vilsack. “Restoring and protecting floodplain areas will also reduce the potential for future flooding impacts and improve wildlife habitat and long-term environmental stability.” Funding is provided by the USDA Natural Resources Conservation Service’s Emergency Watershed Protection Program. Learn more.
Farmers Given an Early Termination Option for CRP Contracts
Producers with acres under contract through the Conservation Reserve Program (CRP) who want to terminate their contract can do so before Jan. 30, 2015. The 2014 Farm Bill allows producers to apply for early contract termination if the contract has been in effect for at least five years and meets other eligibility criteria. Once a CRP contract termination request is approved, the decision cannot be reversed and the contract cannot be reinstated. For more information or to determine eligibility contact a local FSA office. Learn more about eligibility or find a local FSA office.
USDA Invests $25 Million for Agricultural Entrepreneurs to Turn Commodities into Value-Added Products
The U.S. Department of Agriculture is investing $25 million to help 247 businesses nationwide expand their operations and bring new products to market. The funding is provided through USDA’s Rural Development’s Value-Added Producer Grant program that helps agricultural producers grow their businesses by turning raw commodities into value-added products, expanding marketing opportunities and developing new uses for existing products. Since 2009, USDA has awarded 863 Value-Added Producer Grants totaling $108 million. Twenty percent of the grants and 16 percent of total funding has been awarded to beginning farmers and ranchers. The 2014 Farm Bill increases mandatory funding for the program from $15 million to $63 million over five years (while also reauthorizing an additional $40 million in discretionary funding). Learn more.
Enrollment Now Open for Cotton Transition Assistance Program
Enrollment opened last week for the Cotton Transition Assistance Program (CTAP). The program provides interim payments to cotton producers during the 2014 crop year until the Stacked Income Protection Plan, a new insurance product, becomes available. Details on the plan will be released by mid-August. “To help us provide the best service possible, cotton producers are encouraged to schedule an appointment with their local Farm Service Agency office early in this enrollment period,” said Garcia. Listen to more.
Agricultural Producers Still Have Time to Apply for Direct Farm Ownership Loans
Farmers and ranchers still have time to apply for 2014 low interest loans available through FSA’s direct farm ownership program. Eligible producers can borrow up to $300,000 in direct farm ownership loans to buy or enlarge a farm, construct new farm buildings or improve structures, pay closing costs, or promote soil and water conservation and protection. The interest rate on select loans can be as low as 1.5 percent with up to 40 years to repay. Those interested should contact their local FSA county office. Find your local FSA county office.
Funding Available for Research to Benefit Socially Disadvantaged Farmers and Ranchers
USDA announced this week the availability of $400,000 in funding to establish the Socially Disadvantaged Farmers and Ranchers Policy Research Center. The center will specialize in policy research impacting socially disadvantaged farmers and ranchers. Qualifying universities across the country are asked to apply to be the Research Center’s home. “This Center will serve as another tool for socially disadvantaged farmers and ranchers to get the resources they need. It will also assist us in our efforts to help beginning farmers from all walks of life get their start in agriculture.” Applications must be received by Sept. 11, 2014, by 5 p.m. EST. Learn more or apply for the grant.
Corn and Soybean Production to Hit Record High
Soybean production is expected to reach a record 3.82 billion bushels in 2014, up 16 percent from last year according to the USDA Crop Production report issued this week. Corn production is also expected to reach record highs at 14 billion bushels, up 1 percent from 2013. The report also included the first production forecast for U.S. cotton, with production at 17.5 million 480-pound bales, which is up 36 percent from last year. Read the report.
Happy Birthday Smokey Bear
The iconic symbol for forest fire prevention has turned 70. Smokey Bear, with his signature hat and classic blue jeans, has made a career of teaching children and adults “Only You Can Prevent Forest Fires.” That message has changed slightly, now stating wildfires instead of forest fires, but Smokey remains an image of nostalgia for some and one of the most recognizable figures in America. Originating in 1944 as part of a wildfire prevention campaign sponsored by the U.S. Forest Service, National Association of State Foresters and Advertising Council, it is now the longest running public service campaign in Ad Council history. Read more.
Enrollment Opens for Cotton Transition Assistance Program
Producers interested in enrolling in the Cotton Transition Assistance Program (CTAP) can do so starting Monday, Aug. 11. The program provides interim payments to cotton producers during the 2014 crop year until the Stacked Income Protection Plan — a new insurance product is available. Details on the plan will be released by mid-August. “The Cotton Transition Assistance Program is another milestone in USDA’s ambitious timeline for implementing the provisions of the 2014 Farm Bill. Cotton producers now have a risk management tool in place,” said Garcia. “To help us provide the best service possible, cotton producers are encouraged to schedule an appointment with their local Farm Service Agency office early in this enrollment period,” added Garcia. Learn more.




