|USDA announces 2010 updates|
|Written by Holyoke Enterprise|
LDP deadline on wool, mohair and unshorn lamb pelts
Eligible producers have until Feb. 1 to apply for Loan Deficiency Payments (LDPs) for wool, mohair and unshorn pelts produced during the 2009 crop year.
Eligible producers must have beneficial interest in the wool or pelts, owned the lamb for at least 30 calendar days before shearing or the date of slaughter and sell the unshorn lamb for immediate slaughter.
Producers must also comply with wetland conservation and highly erodible land conservation provisions on all lands they operate or have interest in.
To qualify for payment, pelts must have been produced by an eligible producer from live unshorn lambs of domestic origin in the United States.
quality of loaned grain
Most producers have completed harvest. 2009 was an unusual year. Hopefully most producers got the crop out before the high winds hit over Christmas. Getting a crop in the bin is a blessing, but there can be a downside too. Overfilled grain storage bins can lead to grain quality problems.
Bins are ideally designed to hold a level volume of grain. When bins are overfilled and grain is heaped up, airflow is hindered and the chance of spoilage increases.
Producers who take out marketing assistance loans and use the farm-stored grain as collateral should remember they are responsible for maintaining the quality of the grain through the term of the loan.
Producers should be reminded that any owner/operator changes shall be reported to FSA timely so reconstitutions can be completed as needed. This may result in the combining or dividing of tracts or farms.
Reconstitutions commonly result from land ownership changes. There are four specific methods of division.
—The Estate Method which is the division of bases for a parent farm among heirs settling an estate.
—The Designation by Landowner Method which is the division of bases in the manner agreed to by the parent farm owner and purchaser or transferee.
—The Direct and Counter Cyclical Program (DCP) Cropland Method which is the division of bases in the same proportion that the DCP cropland for each resulting tract relates to the DCP cropland on the parent tract.
—The Default Method which is the division of bases for a parent farm with each tract maintaining the bases attributed to the tract level when the reconstitution is initiated in the system.
Note: Average Crop Revenue Election (ACRE) enrolled farms cannot be combined with DCP Farms. There are also various other types of changes that should be timely reported to local FSA Office to ensure that program benefits are issued timely. Incorrect farm data may also affect program eligibility resulting in a refund of program benefits. Changes that should be reported include but are not limited to:
—Change from cash rent to share rent and vice versa.
—Changes in membership and shares of an entity.
—Changes in how the farming operation is being conducted (individual transfers land to a Trust).
—Changes in bank account information.