New farm program

paul

Well-known Member
Just listened to an hour long webinar on the upcoming farm program.

Huh.

I'd say, bring your FSA gals some coffee and doughnuts now. Its going to be a long frustrating fall for them.

Sounds like instead of payments of any sort, you get a yield/price garentee that kicks in from 86% down to 76%.

But there are several different ways in, and you lock in for the full 5 years whatever you choose. Oh, and the farmer and land owner have to agree which version to go.

Don't ask me to explain it!

Gonna be a lot of paper used on this one. ;)

Paul
 
They won't be wasting any on me. About the only way I'll see the office gals again is if I run in to them on the street.
 
Two of us have had a strong option on 2 thousand + acres of southwest Texas cotton ground. Option was up at end of the year and we told them for lack of program we were not going to exercise our
option. Without any fuss or additional funds they agreed to 60 day extension and droped the price $ 400.00 an acre. I now see why, we droped the whole deal first of March. I really liked that part of the country but not going to happen.
 
One of the gals from ASCS called the other day about yield info and I asked about the new program and she said when they knew they would let us operator's know. I said , so you might be out of a job, she said might be so.
 

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