ACRE payments being made

Farm and Ranch November 9, 2010 The USDA says it has started issuing Average Crop Revenue Election, or ACRE payments, to producers enrolled in the program for wheat, corn, barley, dry peas, lentils, oats and some other 2009 year crops.

As Jonathan Coppess of USDA’s Farm Service Agency explains, ACRE was a new program in the 2008 Farm Bill. Producers could choose ACRE or the traditional program.

Coppess: “It was designed to really try to target some of the systemic risks that farmers face and using revenue as sort of the mechanism by which we are providing assistance instead of some of our traditional programs.”

USDA is sending out about 420 million dollars in ACRE payments and about 70 percent of those are going to producers in six states, Idaho, Washington, North and South Dakota, Illinois and Oklahoma.

In Washington the per acre payment rate for wheat is 91-dollars, for barley $56.14, for corn $6.17 and for dry peas $31.47 an acre.

In Oregon the per acre wheat payment is 58 dollars and 61-cents.

In Idaho there is an ACRE payment of $18.71 an acre for dry peas.

USDA says that by the end of this month it will have marketing year average prices for 2009-2010 large and small chickpeas, canola, mustard seed, and rapeseed.

In order for producers to receive ACRE payments, revenue triggers for a commodity must be met on both a state and a farm basis.

I’m Bob Hoff and that’s the Northwest Farm and Ranch Report on Northwest Aginfo Net.

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