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Happy New Year. I hope that everyone has a fantastic and blessed 2017, full of joy, happiness and good fortune (and adequate rainfall). We could use a couple of inches of rain now that the 2016 cotton harvest is almost over. Wheat fields and cool season grass pastures in Jackson County need moisture to continue development and produce more forage for grazing.
Jan. 17 is the deadline for producers to report all small grain acreage to Farm Service Agency or FSA. Wheat, oats, barley, rye, triticale, and canola acreage must be reported to FSA by this date to be considered timely filed. Acreage reports received after this date will be considered late-filed and will be charged a fee of $46 per farm to cover the cost of a field visit to determine the acreage. Please contact the office immediately to make an appointment to report these acres. If you make an appointment to report before the deadline, the late-filing fee will not be charged.
Producers can still obtain 2016 wheat marketing assistance loans or MAL’s through March 31. The loans are non-recourse loans that have a term of nine months. Marketing assistance loans provide cash without having to sell the crop until the price improves at a later date. The 2016 crop stored in a warehouse or on the farm will be used for collateral for the loan. The interest rate for January is 1.875 percent.
FSA also offers Seed Cotton Loans for 2016 cotton stored out in the field or on the gin yard. These loans provide some cash for the cotton crop until the crop can be ginned and sold. The loans are nine-month recourse loans which means the crop used as collateral for the loan cannot be used if the loan is forfeited.
For more information about FSA commodity loans, please contact the office at 580-482-4312, ext. 2.
Agricultural Risk Coverage and Price Loss Coverage or ARCPLC sign-up is underway. Producers wishing to participate in the 2017 ARCPLC program should contact the office from now through Aug. 1 to complete and sign a contract for each farm number to be enrolled. Only farms with base acres (including generic base acres) can enroll in the program. Any producer with risk in producing a crop on a farm with base acres or would have had risk if the crop could have been produced on the farm can participate in the program.
Thanks for all you do to provide us with a safe and secure food and fiber product. Call the Jackson County FSA office if you have questions about any programs. We are there to serve you.