Check Out ACRE Before the Deadline
Posted: July 22, 2009
The USDA is pulling out all the stops to remind producers that the sign-up deadline for the new Average Crop Revenue Election (ACRE) program is coming up August 14. Agriculture Secretary Tom Vilsack is strongly encouraging producers to visit their local FSA office and land grant university representatives to evaluate and consider whether ACRE is right for their particular situations.
Jim Wiesemeyer of Informa Economics had the same message for producers at the U.S. Grains Council‘s 49th Annual Board of Delegates Meeting in San Diego this week.
“Not all states, but in the ‘I’ states – many portions of Iowa, at least Northern Illinois, and portions of Nebraska and Minnesota – the spreadsheets that I’ve seen with the variables would tend to suggest a farmer participation in that program, especially for corn,” Jim told me during an interview. He encourages producers to seriously check it out. “I think once they do their homework, they will probably think they should be in there because that program may pay out enough in the first year to make the four year enrollment pay off.”
Besides the USDA and university resources, growers can also check out the National Corn Growers ACRE Resource Center to find out more.
Listen to my interview with Jim here:
