Rocky Mountain Ag Briefs 9-19-11 | TheFencePost.com

Rocky Mountain Ag Briefs 9-19-11

The National Corn Growers Association recently unveiled the Agriculture Disaster Assistance Program (ADAP), a commodity title proposal for the 2012 farm bill that will modify and replace the existing Average Crop Revenue Election (ACRE) Program and provide a more effective and responsive safety net for growers.

Payments would be limited to 10 percent of the guarantee, based on planted acres and adjusted to a farm’s yield. Payments would cover lost revenue between 85 to 95 percent of the guarantee. Marketing loan rates would be restored to standard levels, rather than being reduced by 30 percent in ACRE.

The National Corn Growers Association recently unveiled the Agriculture Disaster Assistance Program (ADAP), a commodity title proposal for the 2012 farm bill that will modify and replace the existing Average Crop Revenue Election (ACRE) Program and provide a more effective and responsive safety net for growers.

Payments would be limited to 10 percent of the guarantee, based on planted acres and adjusted to a farm’s yield. Payments would cover lost revenue between 85 to 95 percent of the guarantee. Marketing loan rates would be restored to standard levels, rather than being reduced by 30 percent in ACRE.

The National Corn Growers Association recently unveiled the Agriculture Disaster Assistance Program (ADAP), a commodity title proposal for the 2012 farm bill that will modify and replace the existing Average Crop Revenue Election (ACRE) Program and provide a more effective and responsive safety net for growers.

Payments would be limited to 10 percent of the guarantee, based on planted acres and adjusted to a farm’s yield. Payments would cover lost revenue between 85 to 95 percent of the guarantee. Marketing loan rates would be restored to standard levels, rather than being reduced by 30 percent in ACRE.