Georgia Farm Bureau's Leadership Alert - March 12, 2014

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March 12, 2014

www.gfb.org

Vol. 32 No. 10

USDA BEGINS FARM BILL IMPLEMENTATION On Feb. 28, Agriculture Secretary Vilsack discussed the implementation timeline for the 2014 farm bill during the Commodity Classic in San Antonio, Texas. According to a summary from the American Farm Bureau Federation, Vilsack indicated the following: • USDA has prioritized signup for the Livestock Indemnity Program and the Livestock Forage Program. Signup should begin by April 15. • Export promotion programs will be restored in mid-April. • Conservation Stewardship Program (CSP) applications are being accepted and farmers can expect notification around June 1, with obligations beginning sometime in late July or early August. • USDA is accepting applications under the Wetland Reserve Easement program and expects to begin accepting applications for the Ag Land Easement Program around May 1. Notification of acceptance will occur in July and hopefully obligations begin to flow in late summer. • Trade promotion programs will now include biofuel production promotion. USDA will begin targeting those efforts on the markets in India, Japan and China. • USDA is taking applications under Environmental Quality Incentives Program (EQIP) and the Management Assistance Programs. By about May 17, USDA will notify producers whether or not their EQIP or MAP applications have been accepted and those obligations begin June 1. • The application period for sign-up for the Agriculture Conservation Easement Program should be about May 1. • The guaranteed loan term limits for FSA loans will be eliminated this spring or summer. • During the summer and fall, producers will be able to update production history. USDA hopes to publicize the final program and the regulations for both Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) this fall. After that occurs, farmers will be allowed to update yields and bases by the end of 2014 and early 2015. • Sometime this fall, USDA will release regulations on commodity programs so that producers can make decisions by the end of this year or early 2015. • The Stacked Income Protection Program (STAX) for cotton will be available for 2015 crops. For STAX, USDA believes that almost all cotton production nationwide will be covered in 2015 crop year. This summer, the Risk Management Agency (RMA) will provide information about counties that will be covered. Until that time, cotton transition payments will be made. • The Supplemental Coverage Option (SCO) maps should be available by the summer of 2015.


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