Agricultural and Food Policy
Agri Outlook Radio
Number 216
ACRE enrollment ends August 14, 2009 (1:33 minutes)
Audio/Video Script:
ACRE enrollment ends August 14, 2009. I’m Robert Coats Professor – Economics,
University of Arkansas Division of Agriculture.
The Farm Service Agency’s Average Crop Revenue Election (ACRE) Program or
ACRE enrollment ends August 14, 2009. ACRE is a provision of the 2008 Farm Bill.
ACRE is designed to be an alternative revenue-based safety net to the
price-based safety net provided by the counter-cyclical payments. The ACRE
Program involves state and farm guarantee revenue levels that can change year to
year depending on national farm prices, state yields and farm yields.
Producers who elect the ACRE program agree to the following:
- forgo counter-cyclical payments;
- accept a 20-percent reduction of the direct payments; and
- accept a 30-percent reduction in loan rates for all
commodities produced on the farm.
Producers may elect and enroll in ACRE for the 2009 crop year even if they
have already accepted advance direct payments under the Direct and
Counter-cyclical Program.
This has been Robert Coats Professor – Economics, University of Arkansas
Division of Agriculture.
For more information about the ACRE program please visit your local Farm
Service Agency (FSA) county office or visit our ACRE web site at
http://www.aragriculture.org/agfoodpolicy/ACRE.htm
or FSA’s web site at
http://www.fsa.usda.gov.
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