December 16, 2020
USDA’s Farm Service Agency is upping the Practice Incentive Payment for installing conservation practices from 5% to 20%. Additionally, producers will receive a 10% incentive payment for water quality practices on land enrolled in CRP’s continuous signup.
“The Conservation Reserve Program provides agricultural producers and landowners with a tool to conserve natural resources on their land that is less suitable for farming,” said FSA Administrator Richard Fordyce. “We offer a number of CRP initiatives, including continuous CRP, which greatly benefits natural resources like water. Increasing the incentive payment gives farmers even more reason to participate in continuous CRP, one of our nation’s largest conservation endeavors.”
Under continuous CRP, producers can enroll environmentally sensitive land devoted to certain conservation practices with signup available at any time. FSA automatically accepts offers provided the land and producer meet certain eligibility requirements and the enrollment levels do not exceed the number of acres FSA is allowed to enroll in CRP, which was set by the 2018 Farm Bill. FSA administers CRP on behalf of the Commodity Credit Corporation.
Signed into law in 1985, CRP is one of the largest private-lands conservation programs in the United States. It was originally intended primarily to control soil erosion and potentially stabilize commodity prices by taking marginal lands out of production. The program has evolved over the years, providing many conservation and economic benefits. The program marks its 35-year anniversary this month. Program successes include:
Preventing more than 9 billion tons of soil from eroding, which is enough soil to fill 600 million dump trucks;
Reducing nitrogen and phosphorous runoff relative to annually tilled cropland by 95% and 85%, respectively;
Sequestering an annual average of 49 million tons of greenhouse gases, equal to taking 9 million cars off the road;
Creating more than 3 million acres of restored wetlands while protecting more than 175,000 stream miles with riparian forest and grass buffers, which is enough to go around the world seven times; and
Benefiting bees and other pollinators and increasing populations of ducks, pheasants, turkey, bobwhite quail, prairie chickens, grasshopper sparrows and many other birds.
Source: USDA, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset.
You May Also Like
Current Conditions for
Enter a zip code to see the weather conditions for a different location.
Strong sales lift corn pricesJan 18, 2023
Lawmakers target black vulturesNov 30, 2023
Export Report: A bullish round of resultsNov 30, 2023
USDA exports – China buys soybeans, November 30, 2023Jan 19, 2023