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Crop Assistance Program Sign-up Deadline Nears

Crop Assistance Program Sign-up Deadline Nears

Producers have one week left to sign up for CAP assistance.

The USDA Farm Service Agency reminds producers they have until close of business on Thursday, Dec. 9, to apply for assistance for 2009 losses under the Crop Assistance Program. Up to $550 million in disaster assistance will be issued to producers of rice, upland cotton, soybeans and sweet potatoes for eligible losses because of excessive moisture or related conditions in 2009. Assistance is available to producers of eligible crops in counties that received Secretarial disaster designations as a result of excessive moisture or related conditions in 2009.

Producers of eligible crops on farms in disaster counties who certify to a 5% or greater crop loss in 2009 because of excessive moisture or related conditions may be eligible for compensation. Per-acre payment rates will be prorated by FSA, if applicable, to keep expenditures within established program funding limits.

The predetermined payment rates for eligible crops are: long grain rice – $31.93 per acre; medium or short grain rice – $52.46 per acre; upland cotton – $17.70 per acre; soybeans – $15.62 per acre; and sweet potatoes – $155.41 per acre. A list of eligible disaster counties for CAP is located at disaster.fsa.usda.gov.

TAGS: Soybean
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