Landowners have until Jan. 30 to register at their local U.S. Department of Agriculture's (USDA) Farm Service Agency (FSA) office for the Conservation Reserve Program (CRP) "early out."
NGFA advocated for the early out provision to be included in the 2014 farm bill. It gives landowners a one-time opportunity to remove eligible land from CRP before contract expiration. To be eligible for the "early out," land must have been enrolled in CRP for at least five years and satisfy other conservation restrictions, such as meeting an erodibility index of 15 or less, as measured by USDA.
Landowners that register for the early out must choose a termination date for their CRP contract that occurs no later than Sept. 30. A prorated CRP payment reduction will apply from the effective date of the termination through Sept. 30.
NGFA-member companies may wish to make farmer-customers and landowners aware of this one-time CRP early out opportunity, as USDA is communicating very little about it.
For additional information, see a FSA fact sheet or the FSA website.
Director of Economics and Government Affairs Max Fisher provides economic analyses and policy input on a wide range of legislative and regulatory issues affecting the grain, feed, grain and oilseed processing, and export sectors, including agricultural policy; international trade agreements; futures market regulation and measures designed to enhance customer protection; safety and environmental rulemakings; and rail and waterway transportation.
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