USDA now issuing CRP payments
INDIANAPOLIS -- Julia Wickard, State Executive Director for USDA's Farm Service Agency in Indiana announced recently beginning Oct. 5, the USDA began issuing $29,519,082 in Conservation Reserve Program (CRP) payments to eligible producers in the Hoosier State.
More than $1.7 billion in CRP payments are being made on 31 million acres across the country.
"The Conservation Reserve Program works cooperatively with America's farmers to conserve and preserve the soil and water that we, and numerous wildlife species, depend on for survival," Wickard said. "These payments represent an investment in the nation's land that will pay dividends in the form of a cleaner environment today and for our future generations."
The payments are annual rental payments earned on the 290,299 Indiana acres enrolled in the CRP, including the Conservation Reserve Enhancement Program and Continuous Sign-Up Program fiscal year 2009. Indiana producers hold 36,974 contracts on 21,028 farms and will receive an average of $1,404 per farm or $102 per acre. The number of contracts is higher than the number of farms because producers may have multiple contracts on a single farm.