FSA Announces 2009 ACRE Payment for Peas

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USDA Farm Service Agency (FSA) State Executive Director Bruce Nelson on Monday announced that Montana has met the state “trigger” for the 2009 Average Crop Revenue Election (ACRE) program payment for dry peas if the farm also meets the revenue trigger. This ACRE crop is in addition to wheat, barley and oats, which have been previously announced as meeting the revenue triggers in Montana. Crops that did not meet the state trigger for 2009 in Montana are: corn, lentils, grain sorghum and soybeans.

Congress established ACRE as part of the 2008 Farm Bill, to protect producers from farm market 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.

Farm payments in Montana vary depending on how the farm’s benchmark yield compares to the state’s benchmark yield. The base amount per planted acre of dry peas is $42.04. The base amounts per planted acre that were announced in late September are: Wheat $23.45 per acre; Barley $68.01 per irrigated acre and $31.33 per non-irrigated acre; and Oats $51.10 per irrigated acre and $26.66 per non-irrigated acre.

States that meet the revenue triggers for other commodities will be determined after the 2009-2010 marketing year average price is published by the National Agricultural Statistical Service. The scheduled publishing dates for other crops are as follows:

  • Large chickpeas, small chickpeas, sunflower seed, canola, flaxseed, mustard seed, rapeseed, safflower, crambe, and sesame seed – Nov. 30, 2010.

For more information on the ACRE program visit your local FSA office or the FSA website at https://www.fsa.usda.gov/dcp.

 

Source:  USDA Farm Service Agency

Posted by Haylie Shipp

 

 

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