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FSA Begins Taking '08 Disaster Aid Applications

FSA Begins Taking '08 Disaster Aid Applications

SURE provides assistance in an amount equal to 60% of the difference between the guarantee and total farm revenue

The Farm Service Agency is taking natural disaster aid applications under the new Supplemental Revenue Assistance program.

SURE is the new permanent disaster aid program passed in the last Farm Bill. States no longer have to lobby Congress to get special funding to cover natural disaster aid.

FSA is now taking applications for losses that occurred during the 2008 crop years.

SURE provides assistance in an amount equal to 60 percent of the difference between the SURE farm guarantee and total farm revenue. The farm guarantee is based on the amount of Multi Peril Crop Insurance and Non-insured Crop Disaster Assistance Program coverage on the farm. Total farm revenue takes into account the actual value of production on the farm as well as insurance indemnities and certain farm program payments.

To be eligible for SURE, producers must have suffered at least a 10% production loss on a crop of economic significance. In addition, producers must meet the risk management purchase requirement by either obtaining a policy or plan of insurance, under the Federal Crop Insurance Act or NAP coverage, for all economically significant crops.

For 2008 crops, producers had the opportunity to obtain a waiver of the risk management purchase requirement through a buy-in provision. Producers considered socially disadvantaged, a beginning farmer or rancher, or a limited resource farmer may be eligible for SURE without a policy or plan of insurance or NAP coverage.

In addition to meeting the risk management purchase requirement, a producer must have a farming interest physically located in a county that was declared a primary disaster county or contiguous county by the Agriculture Secretary under a Secretarial Disaster Designation. Regardless of a Secretarial Disaster Designation, individual producers may also be eligible for SURE if the actual production on the farm is less than 50% of the normal production on the farm due to a natural disaster. For SURE, a farm is defined as all crops in which a producer had an interest nationwide.

Contact your local FSA office for more information.

Source: SD FSA

 

TAGS: USDA
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