Sign-up for disaster aid for soybean farmers closes December 9Signup for the Crop Assistance Program (CAP) ends December 9, 2010.
By: Staff Report, Alexandria Echo Press
U.S. Department of Agriculture Farm Service Agency State Executive Director Linda Hennen reminds producers that signup for the Crop Assistance Program (CAP) ends December 9, 2010. CAP provides up to $550 million in disaster assistance to producers of soybeans in disaster designated counties only that suffered losses because of excessive moisture or related conditions in 2009.
"Producers of these crops suffered quality and quantity losses caused by excess moisture in 2009," Hennen said. "This program will help with alleviate the impact of those losses.”
Payments will be made available to producers of eligible crops that received Secretarial disaster designations due to excessive moisture or related conditions in 2009. A list of eligible disaster counties for CAP is located at http://disaster.fsa.usda.gov
The general eligibility provisions, payment limits and adjusted gross income limits that apply to FSA programs apply to CAP. No person or legal entity (excluding a joint venture or general partnership), may receive, directly or indirectly, more than $100,000 in CAP benefits. Additionally, CAP payments will be treated as 2009 revenue under the Supplemental Revenue Assistance Payments (SURE) Program.
For more information about USDA Farm Service Agency disaster assistance programs, visit a local FSA county office or http://disaster.fsa.usda.gov