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Re: Re: What does CRP stand for
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Posted by G-MAN on October 06, 2002 at 12:04:31 from (206.106.139.74):
In Reply to: Re: What does CRP stand for posted by kraig WY on October 06, 2002 at 11:35:01:
What are the typical land values and CRP payments per acre where you live? I guess I'm having trouble figuring out how a yearly CRP payment is going to pay principal, interest and taxes on a piece of ground. Obviously it would over a long enough period of time, but how long would it take? What are the guys using the land for? It can't be improved and can only be hayed in disaster situations, so besides hunting what purpose would it serve? If you were going to have to wait ten years to see any production from the ground, and then spend major cash to put the land back into production - clearing it, fixing ditches and terraces, spraying for weeds and the like - I don't understand how anyone could justify a situation like this. Of course, there is also government assistance for doing improvements to ground to prevent erosion and keep it in production, instead of putting in the CRP program. What are your thoughts on those programs? There's also no guarantee that a piece of ground will be accepted for the CRP program. If I understand it correctly, the farmer submits a bid for what he wants his payment to be, and the process goes forward from there. I could be wrong, so I'll try to do some more reasearch. I guess I wouldn't mind seeing more CRP ground in this area, as farmers are clearing every last little bit of ground they can possibly farm, with no thought about wildlife habitat and the like.
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