FSA Notes

FSA Notes By Keith L. Zanter
Clay County FSA Office
Vermillion â�?¢ 624-7060, Ext. #2 ACREAGE REPORTING REQUIREMENTS All farm operators in Clay County should have received their FSA farm maps in April to report their acres. Producers should review these maps, since corrections have been made due to CRP enrollment, ownership changes, and other record changes. Both the planted acres AND planting dates are required to be reported for each field. To save time, please record this information on your FSA farm maps PRIOR to your appointment. Producers with prevented or failed acreage must timely notify the FSA office to enable them to receive cropping history.  Prevented planting must be reported no later than 15 days after the final planting date.  In Clay County, the final planting date for corn is May 31, and final planting date for soybeans is June 10. Prevented planted acres occur when a crop cannot be planted during the established planting period for the crop because of a natural disaster. Producers requesting prevented planting must show that all cropland feasible to plant and prevented from being planted was affected by a natural disaster and that preliminary efforts were made to plant the crop.  Acreage reports for failed acreage must be filed within 15 days of the disaster event and prior to disposition of the crop. The producer must be able to establish to the satisfaction of the county committee that the crop failed through the normal planting period because of natural disaster conditions. The final reporting date for all crops (other than for prevented or failed crops) is July 15. Please schedule an appointment to report your acres planted by calling 605-624-7060 #2. SIGNUP FOR DCP AND ACRE PROGRAMS The Farm Service Agency has extended the deadline for producers to enroll their farms in the DCP and ACRE programs from June 1 to Aug. 14. The extension ensures that producers have enough information and time to participate in the ACRE program. The DCP and ACRE programs play a critical role in the farm safety net.  The office is currently taking appointments to sign-up for ACRE. The ACRE program provides producers a state-level revenue guarantee, based on the current five-year state Olympic average yield and the current two-year national average price. ACRE payments are made when both state and farm-level triggers are met. By participating in ACRE, producers elect to forgo counter-cyclical payments, receive a 20 percent reduction in direct payments and a 30 percent reduction in loan rates. For more information about ACRE and DCP, please contact the Clay County FSA Office. NEED ADDITIONAL GRAIN STORAGE? The Farm Storage Facility Loan Program is available for producers who need additional grain storage or would like to renovate existing storage. These loans can be for new construction or expansion of existing facilities, including bunker-type silage structures, permanent drying and grain handling equipment. The program will finance up to 85 percent of the expenses to build the structure and the loans are for seven years at a fixed rate. The interest rate is currently 2.375 percent per annum. Applicants must show a need for additional storage, which is based on the reported acres for the last three crop years and two years' production. Producers may not accept delivery or begin site preparation prior to approval, but you may sign purchase agreements or pay for the facilities prior to loan approval. Applicants may accept delivery if an UCC-1 Financing Statement is recorded by FSA at the Register of Deeds prior to delivery. Additional requirements are: • Current financial statement and cashflow showing repayment ability. • $45 non-refundable application fee. • 15 percent cash down payment on the grain structure. • Credit report will be ordered and must show a satisfactory rating. • Applicant must not be delinquent on a federal debt. If you are interested or have additional questions, please stop by the Clay County Farm Service Agency Office. The United States Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the basis of race, color, national origin, age, disability, and where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, genetic information, political beliefs, reprisal, or because all or part of an individual's income is derived from any public assistance programs.  (Not all prohibited bases apply to all programs.)  Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc.) should contact USDA's TARGET Center at 202-720-2600 (voice and TDD). To file a complaint of discrimination, write USDA, Director, Office of Civil Rights, 1400 Independence Avenue, SW, Washington, DC 20250-9410 or call (800) 795-3272 (voice) or (202)-720-6382 (TDD).  USDA is an equal opportunity provider and employer.

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