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Permalink
ACRE Benchmark Yields Set
Producers have until June 1 to decide which program to choose.
Compiled by staff
Published: Apr 2, 2010
USDA has released 2009 actual and 2010 benchmark yields for the Average Crop Revenue Election program for wheat, long grain rice, medium grain rice, oats and barley in a majority of states. USDA will publish data for additional states and other crops as it becomes available.
Actual and benchmark yields are used in calculating payments through the
ACRE
program, which provides producers an option to protect themselves against declines in market revenue.
The latest benchmark and actual yields, along with detailed information about the ACRE program and ACRE
calculations, can be found at
www.fsa.usda.gov/dcp
.
USDA also reminds producers they have until June 1 to enroll their farms in either the 2010 Direct and Counter-cyclical Program or the
ACRE
program. The decision to
enroll in the
ACRE
program is
irrevocable. Once enrolled, the farm shall be enrolled for that initial crop year
and will remain in
ACRE
through the 2012 crop year
.
The
June 1, 2010
, deadline is mandatory for all participants
.
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