Attention Farmers – Acreage & Yield Updates Are Due Soon

Farmers have until the end of the month to verify current base acres, yields and planting history with the Farm Service Agency.  The National Corn Grower Association reported this marks the first step growers will take under the new farm bill’s risk management programs.

Farmers should have received a letter from USDA in late July or early August, with a report of their base acres and yields for the past several years. These figures are used to calculate eligibility and payment for crop risk management programs through 2018.   Growers have 60 days from the date of the letter to notify their FSA office if that information was inaccurate. If the information is correct, no action is necessary.

NCGA Public Policy Action Team chairman Jim Reed stated “These risk management programs are only as good as the information used to calculate them.”  By mid-winter, farmers will be required to choose between two risk management programs, Agriculture Risk Coverage or Price Loss Coverage for the 2014-2018 crop years.

Source:  NAFB News