News

ACRE sign up open until August 14

Signup for the Average Crop Revenue Election Program is underway. The ACRE programprovides a revenue guarantee based on market prices and average yields.

The guarantee is based on State-level planted yields and national market prices, but payments are dependent upon State- and farm-level planted yields and national market prices.

Signing up the ACRE program makes a farm ineligible to receive traditional countercyclical payments. It also reduces direct payments and lowers marketing assistance loan rates. Upon sign up, the farm is enrolled through the 2012 crop year.

Sign up ends on August14.