Tue, Nov 18 2008
|
Published July 02, 2008 01:34 pm - Farm Service Agency announces 2008 DCP sign up The Oskaloosa Herald DES MOINES — Iowa Farm Service Agency State Executive Director Derryl McLaren recently announced that enrollment for the 2008 Direct and Countercyclical Program began June 25 and continues until Sept. 30. The 2008 DCP direct payment rates are: corn, $0.28 per bushel; soybeans, $0.44 per bushel; wheat, $0.52 per bushel; barley, $0.24 per bushel. Producers may request a 22 percent advance payment to be paid by Sept. 30, with the remainder to be paid after Oct. 1. DCP 2008 will be administered exactly like the 2007 DCP with the following exception, farms that have 10 base acres or less shall not receive direct or counter-cyclical payments unless that farm is wholly owned by socially disadvantaged or limited-resource farmers or ranchers For FSA, a socially disadvantaged farmer or rancher is a farmer or rancher who is a member of a group whose members have been subjected to racial, ethnic or gender prejudice because of their identity as members of a group without regard to their individual qualities. A limited resource farmer or rancher is a farmer or rancher who meets both of the following: directly or indirectly has gross farm sales not more than $100,000 in both of the previous two years (the limit is increased annually beginning in 2004 to adjust for inflation using the Prices Paid by Farmer Index compiled by NASS); has a total household income at or below the national poverty level for a family of four, or less than 50 percent of county median household income in both of the previous two years (to be determined annually using Commerce Department Data). DCP provides payments to eligible producers on farms enrolled for the 2008 crop year. There are two types of DCP payments — direct payments and counter-cyclical payments. Counter-cyclical payments under this program are only made when market prices fall below established target prices for each commodity. Both payments are computed using the base acres and payment yields established for the farm. DCP was re-authorized by the 2008 Farm Bill. For more information about DCP and other FSA programs, visit: www.fsa.usda.gov 
•
Click to discuss this story with other readers on our forums.
More from the Agriculture section
Program teaches students about food sources and agriculture Judge denies recusal motion in Agriprocessors case |
Print this story
E-mail this story
Post to del.icio.us
Discuss this story
 |
 |
 |
|||||||
|
|||||||
 |
|
|
© 2008, Oskaloosa Herald Oskaloosa, Iowa |
|
Popular Business directory links - Oskaloosa Apartments | Oskaloosa Attorneys | Oskaloosa Auto Dealers | Oskaloosa Auto Parts | Oskaloosa Auto Repair | Oskaloosa Beauty Salons | Oskaloosa Car Rental | Oskaloosa Dentists | Oskaloosa Doctors | Oskaloosa Flowers | Oskaloosa Hotels | Oskaloosa Insurance | Oskaloosa Loans | Oskaloosa Mortgages | Oskaloosa Movers | Oskaloosa Pizza | Oskaloosa Realtors | Oskaloosa Restaurants | Oskaloosa Storage | Oskaloosa Tax Preparation | Oskaloosa Travel | Oskaloosa Featured | More...
|
|
Community Newspaper Holdings, Inc. • CNHI Classified Advertising Network • CNHI News Service |