June 5, 2009
A reminder from the U.S. Department of Agriculture's Farm Service Agency (FSA) tells sheep producers who are participating in the wool and/or unshorn pelt Loan Deficiency Program (LDP) or in the Marketing Assistance Loan (MAL) programs and who own cropland that they will be required to report and certify acreage.
Producers are not required to file the acreage report before the LDP or the MAL is dispersed; however, in order to be eligible for the payment, producers participating in these programs and who have cropland, must report and certify their acreage on FSA-578 by the close of business on July 15, 2009, for the current crop year.
Producers who have cropland and receive a wool and/or unshorn pelt LDP or a MAL payment and have not filed an acreage report by the deadline will be required to repay any market loan gain realized for wool or unshorn pelts or refund any LDP received.
"This is a reminder to producers with cropland to certify your acres," commented Peter Orwick, executive director for ASI. "We have seen some changes in the requirements to participate in FSA programs, so it is important to stay connected with your local FSA office for all of the details."
Staff Contact: Peter Orwick, ext. 33