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New Farm Bill brings changes to disaster assistance | |
Bronson urges ag producers to take action now A provision of the 2008 Farm Bill, which was enacted in June, requires that farmers and ranchers carry one or the other of the two insurance programs to be reimbursed for agricultural losses. Prior to the law’s enactment, such coverage was not mandatory. Because the law took effect after application periods expired for the insurance programs, producers have until September 16 to take advantage of a waiver that permits them to pay a “buy-in” fee to be eligible for disaster assistance. Producers can contact their local FSA County Office to file the waiver application and pay the applicable fees. The buy-in fee is $100 per crop, or a maximum of $300 per county for growers who raise multiple crops in a county. For those growing in multiple counties, the cap is $900. “It is vitally important that growers obtain insurance coverage to protect themselves,” Bronson said. “While we’ve had a brief lull since the catastrophic hurricanes of 2004 and 2005, meteorologists remind us that we are in the middle of what is forecast to be a particularly active hurricane period.” For more information about the 2008 crop year buy-in for disaster assistance programs, visit www.fsa.usda.gov/Internet/FSA_File/buyinwaiver08.pdf or call your county FSA office. Phone numbers are at www.fsa.usda.gov
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For additional information about the USDA Farm Service Agency or to find an office near you click here.
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