USDA is Making ACRE Payments
Enrolled producers in states where revenue triggers were enacted are receiving payments.
Compiled by staff
Published: Nov 8, 2010
USDA has started issuing an estimated $420 million in 2009 crop Average Crop Revenue Election payments to producers enrolled in the ACRE program for wheat, corn, barley, dry peas, grain sorghum, lentils, oats, peanuts, soybeans, and upland cotton. In making the announcement, Secretary of Agriculture Tom Vilsack said these payments are an important part of the farm safety net because they help protect farmers by buffering them from the effects of revenue declines.
In order for producers to receive ACRE payments, revenue triggers for a commodity must be met on both a state and farm basis. Of the $420 million in payments, about 70% are expected to be issued to wheat producers and 23% to corn producers. About 80% of the payments are expected to be issued to producers in Oklahoma, Washington, Illinois, South Dakota, Idaho and North Dakota.
A list of state payment rates for the 2009 crops of barley, corn, dry peas, lentils, oats, peanuts, grain sorghum, soybeans, upland cotton and wheat is available at go.usa.gov/CCS.
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Tagged: wheat, farm, soybeans, cotton, sorghum
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