FSA Notes

FSA Notes By Keith Zanter, Clay County FSA Office 2001 Farm Changes

August 1 is the deadline for signatures on all 2001 Production Flexibility Contracts (PFC). If you have made any changes for 2001 and they have not been reported, please make the change as soon as possible. Failure to meet the Aug. 1 deadline may make you ineligible for PFC payments and LDP payments.

Do you have grain under loan?

If you have 2000 crop grain under loan, you must request a Marketing Authorization (CCC-681) before you remove your grain or your grain must be paid for before removing from the bin. This marketing authorization is in effect for a maximum of 30 days. If any grain is delivered to the elevator during this time period, the grain must be paid for within 15 days after the marketing authorization expires. If the grain is not paid for timely, the repayment rate will be principal and interest. You will not be able to use the Posted County Price (PCP).

Please note: If you have your price locked in on a CCC-697, you still must either pay for your grain before you move it to the elevator or request the CCC-681, Marketing Authorization.

Late filed 2000 crop LDPs

Late filed LDPs may be requested for 2000 crop only if producers:

* Requested LDP after April 12, 2001 on commodities already marketed and were denied LDP benefits

* Did not request LDP for commodities harvested and marketed

* On or before April 12, 2001, for commodities with a March 31, 2001, final loan availability date (generally small grain)

* On or before May 31, 2001, for commodities with a May 31, 2001, final loan availability date (generally corn and soybeans).

2001 crop LDPs must be requested before the crop is either sold or fed.

Lamb meat adjustment assist. program

Thick muscled and large framed feeder lambs marketed between Aug. 1, 2000 and July 31, 2002 may receive $3 per head. Producers may self-certify their feeder lambs they sell by obtaining a notification sheet from the Clay County office. The notification form needs to be completed and faxed 48 hours plus an additional 24 hours prior to selling the feeder lambs. After the 24-hour holding period, you may move the lambs to sell to the auction barn or another producer. Remember the application and faxed form must be completed before selling the sheep.

Slaughter lambs marketed and slaughtered between Aug. 1, 2000 and July 31, 2002 may be eligible for a $5 per head payment with an additional payment of $3 per head if marketed between June 1, 2001 and July 31, 2001.

Producers who received assistance to make facility improvements to lamb and sheep operations must have those items that were cost shared completed by July 31, 2001.

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