What's Up at the FSA Office?

by Jeremy Leitz, Allamakee County Executive Director (563) 568-2148

Upcoming Deadlines and Important Dates
May 17: Updated - Last day to report production for the Market Facilitation Program
May 14: Deadline to complete mid-contract management (MCM) activities on CRP
May 15 - August 1: Primary Nesting Season.  No MCM activities on CRP acres.
May 27: Office closed in observance of Memorial Day
July 15: Last day to certify crop acres

May 2019 CCC and FSFL Interest Rates
New rates were issued for the month of May and are as follows:
• 2.250% for 3 years
• 2.250% for 5 years
• 2.375% for 7 years
• 2.500% for 10 years
• 2.500% for 12 years
• 2.625% for 15 years

Market Facilitation Program
The deadline to report production for the Market Facilitation Program has been changed to May 17. If you signed an application timely (deadline was February 14) but need to report production for beans, corn, dairy, or hogs, please stop in our office by this date to report production. 

Crop Reporting
With spring planting right around the corner, Allamakee county farmers are reminded to report all spring planted crops to the FSA office by July 15 to remain eligible for FSA and other USDA programs. Please remember to bring planting dates with you. It is the producer’s responsibility to accurately report acres and producer’s shares in individual crops.  Discrepancies found later may affect eligibility for all FSA-administered programs.

USDA Announces New Decision Tool for New Dairy Margin Coverage Program
Agriculture Secretary Sonny Perdue announced the availability of a new web-based tool - developed in partnership with the University of Wisconsin - to help dairy producers evaluate various scenarios using different coverage levels through the new Dairy Margin Coverage (DMC) program.

The 2018 Farm Bill authorized DMC, a voluntary risk management program that offers financial protection to dairy producers when the difference between the all milk price and the average feed cost (the margin) falls below a certain dollar amount selected by the producer. It replaces the program previously known as the Margin Protection Program for Dairy. Sign up for this USDA Farm Service Agency (FSA) program which opens on June 17.

“With sign-up for the DMC program just weeks away, we encourage producers to use this new support tool to help make decisions on participation in the program,” Secretary Perdue said. “Dairy producers have faced tough challenges over the years, but the DMC program should help producers’ better weather the ups and downs in the industry.”

The decision tool assists producers with calculating total premiums costs and administrative fees associated with participation in DMC. It also forecasts payments that will be made during the coverage year.

For more information, access the tool at fsa.usda.gov/dmc-tool. For DMC sign up, eligibility and related program information, visit fsa.usda.gov.

Marketing Loans - Reminder
Grain that is under loan, or “sealed” as many producers call it, must be repaid or released for sale prior to moving the bushels out of storage for sale or feed use.  Unauthorized disposition results in possible penalties and administrative actions.  Remember to “call before you haul” and we can discuss your options and forms that you may need to sign.  Phone the FSA office at (563) 568-2148.

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