USDA Farm Service Agency Administrator Jonathan Coppess has released a list of states that have met revenue "triggers" for the 2009 Average Crop Revenue Election program payments for acres of wheat, barley and oats. So far, 41 states have met their triggers for wheat; 31 for oats; and 31 for barley. Additional states may be added to the list at a later date.
Coppess says the ACRE program provides financial and risk management advantages to eligible producers. Payments are revenue-based and determined based on crop production and the National Average Market Price for covered commodities planted on the farm. Producers who enrolled a farm in ACRE will receive 2009 ACRE payments after Oct. 1 of this year on 'planted or considered planted' acres of these three crops, if both state and farm revenue criteria are met.
Revenue triggers for a commodity must be met on both a state and farm basis. States that meet the revenue triggers for other commodities will be determined after the 2009-10 marketing year average price is published by the National Agricultural Statistical Service.