FAQ: Does the yield reduction have to be at least 50% for a farmer to be able to collect a SURE payment for 2008 crop?
Answer: Provided by Steve Johnson, Iowa State University Extension farm management specialist.
Not necessarily, as there are three different ways to qualify initially for a SURE claim.
1) The county where the farm is located receives a disaster declaration from the U.S. Secretary of Agriculture.
2) The county is contiguous to a county where a disaster has been officially declared by USDA.
3) The total loss of production from all your farms is greater than 50% or more.
USDA's Supplemental Revenue Assurance program or SURE is the new disaster program that began with the 2008 Farm Bill. Producers who had crop losses in 2008 can file claims with USDA's Farm Service Agency. Signup for the 2008 SURE claims began in January 2010. There's no deadline that has been announced yet—as to when you have to get your name into FSA. But it's a good idea to contact your FSA county office about this as soon as possible, and find out if you are eligible and file your claim.
If you have specific questions or need details regarding USDA farm programs, contact your local USDA Farm Service Agency office. You can also get news and information about DCP, ACRE and other USDA programs at www.fsa.usda.gov.
Two Iowa State University Extension Web sites have farm program information and analysis. They are ISU's Ag Decision Maker site at www.extension.iastate.edu/agdm and ISU Extension Specialist Steve Johnson's site at www.extension.iastate.edu/polk/farmmanagement.htm.
And be sure to read the regular column "Frequently Asked Questions about the Farm Program" that appears in each issue of Wallaces Farmer magazine and at www.WallacesFarmer.com