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Monday, July 28, 2014

End Rows for Sept. 18, 2012

Tuesday, September 18, 2012

ECP Deadline

The deadline to apply for the Emergency Conservation Program (ECP) in Saline County is September 28.

ECP provides cost-share assistance to livestock producers whose water source has been severely impacted by drought.

To be considered, landowners must submit a signed application by Friday September 28.

For those who have already been approved for cost-share assistance, remember that you must complete the practice within 60 days of the approval.

CRP deadlines

We want to remind CRP participants again that September 30 is the deadline to report your completed mid-contract management activities for 2012.

Failure to complete and report mid-contract management can result in the termination of your contract.

Check with the FSA office if you are uncertain if your contract requires mid-contract management this year.

These activities include one of the following options:

--Light-disking

--Chemical suppression

--Prescribed burning

Cost-share assistance is available for the completion of these activities.

Also, those participants with contracts requiring a food-plot need to be certain their food-plot has been completed and reported by September 30.

Lastly, participants that utilized emergency haying of CRP should have removed all bales by September 15th, and report the acres actually hayed to your FSA office immediately.

Emergency grazing was extended until November 30.

Commodity loans available

As in the past, FSA has loans available for farm or warehouse stored commodities.

The loan rate for corn is $1.98/bu, soybeans $4.97.

The interest rate for loans disbursed in September is 1.125%

The interest rate on these 9 months loans resets once in January. The loan may be repaid at any time without penalty.

Grain must be harvested before a loan can be made.

Borrowers must maintain beneficial interest in the commodity.

For farm-stored grain, producers may certify the amount of grain, or pay for a measurement service.

There is a non-refundable application fee starting at $45, with a charge of $3 for each additional bin or warehouse receipt.

For warehouse stored loans, producers pre-pay 9 months of storage.

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