Case IH Power Tab

Farm Futures
   Search Site:   Saturday, May 26, 2012 | Bookmark This Site   
Skip Navigation Links
Home
Markets
News
Weather
Farm Futures NOW!
Magazine Online
RSS News
Land For Sale
Mobile
Subscribe
Reprints
Register
Login
About Us
Advertise
 
Share This
 

Farmers Can Extend CRP Contracts One Year If Contract Expires in September 2005

Contracts scheduled to expire on Sept. 30, 2005 can extend Conservation Reserve Program participation for another year if total contract is less than 15 years.

Compiled by staff 
Published: Jul 18, 2005

Farmers and ranchers with certain Conservation Reserve Program (CRP) contracts expiring this year may extend their contracts for one year, the USDA says.

The extension option applies to CRP participants with contracts scheduled to expire on Sept. 30, 2005, and whose original contract with the extension will not exceed 15 years.

The extension potentially affects 7,000 contracts covering approximately 437,000 acres of land now protected by the CRP. Local offices of USDA's Farm Service Agency will notify eligible CRP participants of their option to modify and extend their CRP contracts. The deadline to apply for this extension is Sept. 2, 2005.

The extension will not change participants' rental rates. All or a portion of the acreage under contract may be included in an extension, but no new acreage may be added. Obligations and responsibilities under the original contract continue to apply to contracts that are modified and extended.

USDA is not planning to offer a general CRP signup in fiscal year 2005. However, producers may continue to enroll relatively small, highly-desirable acreage, such as filter strips and riparian buffers, in the continuous CRP at any time at their local FSA office.

Extending individual contracts and conducting one general signup will be more efficient and cost-effective than conducting two general signups. Currently, CCC is actively developing re-enrollment and extension options as a result of President Bush's announcement in August 2004 to re-enroll and extend contracts scheduled to expire between 2007 and 2010.

The CRP is a voluntary program available to agricultural producers to help them safeguard environmentally sensitive land. Producers enrolled in CRP plant long-term, resource- conserving covers to improve the quality of water, control soil erosion, and enhance wildlife habitat. In return, CCC provides participants with rental payments for 10- to 15-years and cost-share assistance to establish the conservation practice. Since its inception in 1986, CRP continues to reduce soil erosion, improve water quality and wildlife habitat, and sequester atmospheric carbon in the 35 million acres currently enrolled in the program.



Permalink: Click here

Tagged: CRP, Extension, usda, farm, Farm Service Agency

Comments
Read comments from others and share your own thoughts.
Please provide the answer to the following question:

 = 
 
Search this site:   

Read More Stories
USDA Seeks Comment on Report Timing
Read this storyWith new market hours,USDA is looking into the right time to release information to the market.
Read this story

Weekend Forecast Changes Pivotal for Grain Futures
Read this storyEurope remains a concern, but the big driver on Tuesday will likely be the state of next week’s anticipated Midwest rains.
Read this story

Farm Markets Rise Ahead of Holiday
Read this storyOvernight boost based on positive comments from Europe aimed at pressuring Germany.
Read this story

 
USDA Seeks Comment on Report Timing
Afternoon Recap by Arlan Suderman
Morning Call by Bryce Knorr
Weekend Forecast Changes Pivotal for Grain Futures
Farm Markets Rise Ahead of Holiday
Satellite Imagery Shows the Good and the Bad
Top 50 Tags
4-H afternoon recap American Farm Bureau Federation American Soybean Association animal health arlan suderman biodiesel biofuels bryce knorr BSE Bushel checkoff cotton Drought Environmental Protection Agency EPA ethanol Extension extension service farm farm bill Farm Bureau farm futures farm futures magazine farm futures market farm progress Farm Service Agency farmfutures farmfutures.com farming farmprogress.com fertilizer FFA free trade agreement Harvest insurance labor legal National Cattlemen's Beef Association National Corn Growers Association NCGA soybean soybean association soybeans SURE usda wheat winter wheat www.farmfutures www.farmfutures.com