FINAL LOAN AND LOAN DEFICIENCY AVAILABILITY DATE

Allamakee County producers are reminded of the final availability date to obtain a nine month loan or loan deficiency payment (LDP) on oats, barley, or wheat as being March 31, 2005.
If producers have previously signed a 2004 CCC 709 Direct Payment Request form for oats, barley, or wheat and have yet to turn in their sales documents, they have until March 31, 2005 to do so. Benefits are earned on the date of delivery of the commodity, if there was an LDP on that day.
Producers who wish to obtain a nine month loan on oats, barley, or wheat can not previously have been paid an LDP on the commodity. Loan rate for oats is $1.36 per bushel, barley is $1.70 per bushel. Wheat is determined by the type of wheat that was been planted.
Contact the Allamakee County FSA office at 563-568-2148 if you would like more information.