September 5, 2017 at 3:32 p.m.

DCP and ACRE sign-up begins Jan. 23


By Ryan Brunn- | Comments: 0 | Leave a comment

2012 Direct and Counter-Cyclical Program (DCP) enrollment is scheduled to begin Jan. 23, 2012 and will end June 1, 2012. Here are some reminders:
• All producers planting on DCP base acres must be identified on the DCP/ACRE contract and receive a proportionate share of DCP/ACRE payment for the farm.
• Changes on the farm after enrolling June 1 in DCP/ACRE must be reported to your local FSA office such as: ownership changes; producer changes (individuals and entities); change in crop shares arrangements.
Note: Changes cannot be made after Sept. 30, 2012.

IRS Form 1099-G
Producers annually receive CCC-1099-Gs detailing payments producers have received from the Commodity Credit Corporation. The annual report of program payments on the CCC-1099-G is a service intended to help our customers report taxable income. It is not intended to replace the producers' responsibilities to report income to IRS. FSA staff cannot interpret IRS regulations or advise producers about which payments to report on their income tax returns. However, county office staff can review payments for accuracy.

Noninsured Crop Disaster Assistance Program (NAP)
The Noninsured Crop Disaster Assistance Program (NAP) is a federally funded program that helps producers reduce their risk when growing food and fiber crops, specialty crops and crops for livestock feed. These benefits are only available for crops for which the catastrophic level of crop insurance is not available. Application for coverage must be filed by the applicable crop's application closing date.
Production records for all crops must be reported to FSA no later than the acreage reporting date for the crop for the following year. FSA requires that any production reported in a loss year be verifiable according to agency specifications. NAP losses must be reported within 15 days of loss.

Foreign buyers notification
The Agricultural Foreign Investment Disclosure Act (AFIDA) requires all foreign owners of U.S. agricultural land to report their holdings to the Secretary of Agriculture. The Farm Service Agency administers this program for USDA.
All individuals who are not U.S. citizens, and have purchased or sold agricultural land in the county are required to report the transaction to FSA with 90 days of the closing. Failure to submit the AFIDA form (FSA-153) could result in civil penalties of up to 25 percent of the fair market value of the property. County government offices, realtors, attorneys and others involved in real estate transactions are reminded to notify foreign investors of these reporting requirements.

Up-coming deadlines for 2011
• Jan. 16, 2012 - Closed for Martin Luther King Jr. Holiday.
• Jan. 31, 2012 - Last day to apply for loan deficiency payment for unshorn pelts produced during 2011 crop year.
Farm Service Agency is an Equal Opportunity Lender, Complaints about discrimination should be sent to: Secretary of Agriculture, Washington, D.C. 20250. Visit the Farm Service Agency Web site at: www.fsa.usda.gov/ for necessary application forms and updates on USDA programs.
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