The U.S. Department of Agriculture reminds producers that the sign-up deadline to elect the new Average Crop Revenue Election (ACRE) program is Aug. 14.
ACRE provides a valuable new risk-management tool for producers. ACRE was created in the 2008 Farm Bill, and offers a revenue-based alternative to the traditional Direct and Counter-Cyclical Program (DCP). Producers may elect to participate in ACRE even if they have already received an advance DCP payment for 2009.
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