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Agricultural and Food Policy
DownloadAgri 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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