News

AgWeb Home > Articles
Agriculture Markets
Futures MO Last Chg
Corn December 391'0 -4'0
Soybeans January 1046'0 7'0
Wheat December 559'6 -2'6
Milk November 14.06 0.00
Feeder Cattle January 92.675 0.850
Live Cattle December 83.950 0.275
Lean Hogs December 57.600 1.625
Cotton December 70.41 0.00

Enter Zip Code below for LIVE local results.

Cash Bids
LDP Quotes
Charts & Quotes
Sponsored Sections
Cash Grain Bids Cash Grain Bids
Get Five Local Grain Prices!
Plant Health Section Plant Health Section
Crop Watch 2008
Ads by AgWeb

USDA: Less Than 8% of Farms Enrolled in ACRE for 2009

10/20/2009

Pro Farmer Editors

There are 128,620 U.S. farms enrolled in the Average Crop Revenue Election (ACRE) program for the 2009 crop year, or 7.70% of farms, according to data from USDA. Total enrollment in the Direct and Counter-cyclical Program (DCP) and ACRE is 255 million base acres on 1.7 million farms. ACRE enrollment covers about 13% of base acres, according to USDA.

Producers who signed up their farm under DCP are eligible for direct payments, counter-cyclical payments and marketing assistance commodity loans.

The optional ACRE program, added under the 2008 Farm Bill, is an alternative revenue-based safety net to the price-based safety net provided by counter-cyclical payments for crop years 2009 through 2012. Producers participating in the ACRE program are also eligible for direct payments and marketing assistance loans, but direct payments are reduced by 20 percent and the loan rate is reduced by 30 percent with respect to covered commodities and peanuts on a farm.

Of the 22 different crops eligible for enrollment, corn had the highest number of base acres enrolled, followed by wheat and soybeans, and producers mainly planted these three crops.

Here are the top 10 states in terms of number of farms enrolled in ACRE for 2009:

State
Number of Farms in ACRE
Percent of Farms in ACRE
Ill
25,960
16.71%
Iowa
17,249
11.81
Neb.
16,637
19.61
Okla.
12,158
24.78
Ind.
9,641
9.49
S.D.
9,164
18.36
Ohio
5,683
6.28
Minn.
5,682
6.14
N.D.
5,529
10.03
Mo.
3,269
4.38
U.S.
128,620
7.70%

While Illinois had the greatest number of farms that opted for ACRE, the state with the greatest percentage of farms in the program was Washington at 24.89%.



Printer-friendly version Printer-friendly version

Email Article to a Friend

Your Email:    
Your Friend's Email:    
Message to add to the body:


© 2009 AgWeb.com - The Homepage of Agriculture
AgWeb.com is a Division of Farm Journal Media, Inc.
Quotes by eSignal delayed 15 minutes