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Friday, July 25, 2014

End Rows for May 3, 2011

Monday, May 2, 2011

CRP -- Primary

nesting season

The primary nesting season runs from May 1st through July 15th.

During this period, no mid-contract management or maintenance activities may be performed on CRP contract acres.

If special circumstances require maintenance activity during this time, special permission must be requested in writing from the FSA county committee.

-- In this situation, the county committee will review requests on a case-by-case basis.

If any activities occur on CRP acres during the primary nesting season without prior written permission from the county committee, the contract may be determined to be in violation, which would result in a payment reduction, or possibly even termination of the contract.

Be certain to adhere to the primary nesting dates, which again is from May 1st through July 15th.

Moving farm-stored grain under loan

If you have farm-stored grain pledged as collateral for a commodity loan, and you are ready to move or sell the grain, make certain you obtain a marketing authorization in advance.

This is required even if you are just moving grain from one bin to another.

An authorization may be obtained by calling your county FSA office.

May interest rates

Farm Storage Facility Loans

Up from last month

--7-year 2.875%

--10-year 3.500%

--12-year 3.750%

Commodity Loans

No change from last month

--1.250%

--March 31 was the last day to obtain a 2010 crop commodity loan on small grains

--May 31 is the last day for all other crops.

Current sign-ups

June 1 -- Deadline to enroll in the Direct and Counter-cyclical Program (DCP) and Average Crop Revenue Election (ACRE)

July 29 -- Deadline to sign-up for the Supplemental Revenue Assistance Program (SURE) for the 2009 crop year.



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