The weather has turned somewhat cooler this week and things are looking better as far as our summer crops are concerned. Our cotton and grain sorghum acres are looking to produce very good yields and, hopefully, good quality.
The Cotton Ginning Cost Share or CGCS program sign-up period ended Aug. 5; however, there are several payments that have not been issued yet due to payment issues at the national level. As soon as this is resolved, the Farm Service Agency or FSA will begin processing payments to eligible producers with approved applications who have not yet received a payment.
The Agricultural Risk Coverage and Price Loss Coverage or ARCPLC enrollment period has passed for the 2016 crop year. The enrollment period for 2017 will begin Dec. 1, 2016 and end Aug. 1, 2017. Producers are required to enroll annually to qualify for ARCPLC payments.
PLC provides price protection to producers who have a share of crop acreage and a risk in producing covered commodities on base acres in years where the prices for those commodities fall below the published reference prices for those commodities. ARC is a revenue-based program that is designed to cover a portion of a farmer’s out-of-pocket loss (referred to as “shallow loss”) when crop revenues fall below benchmark revenue levels, with the benchmark revenue based on either county level historic revenue, called ARC-CO, or the individual farm’s historic revenue, called ARC-IC. As stated in last week’s column, a PLC payment of $0.61 per bushel has been determined for 2015 wheat which will be issued in October to eligible participants with risk in wheat base acres including generic acres.
To ensure eligibility, producers should keep farm records up to date at the FSA office. The creation of a revocable trust, LLC, partnership, corporation, etc. will have an effect on eligibility for benefits. Since FSA issues payments by direct deposit, a change in a bank account or the financial institution could result in a rejected or delayed payment. Completion of a farm operating plan (CCC-902) is also critical in making a proper determination of eligibility for payment. Please keep FSA informed of changes to the farming operation, changes in shares, cash-leases, etc.
Aug. 31 – deadline to purchase Noninsured Crop Disaster Assistance Program or NAP loss coverage for 2017 small grains, mixed forages, alfalfa, cool season grasses and other fall non-insurable crops.
Nov. 15 – final date to report all grass acreage (for forage or grazing).
Jan. 15 – final date to report all small grain acreage.
Josefy seeks feedback and welcomes suggestions regarding information on programs or benefits of interest.
For more information about FSA programs or eligibility for benefits, contact the Altus FSA office at 580-482-4312, ext. 2.
The U.S. Department of Agriculture is an equal opportunity provider, employer and lender. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave. SW, Washington, DC 20250-9410 or call 866-632-9992 for toll-free customer service, 800-877-8339 for local or federal relay and 866-377-8642 for relay voice users.
Reach Carl Josefy at email@example.com or 580-482-4312.