ACRE — Producers of USDA program commodities such as soybeans, wheat and corn have the option to enroll in a new counter-cyclical revenue plan. The program is called Average Crop Revenue Election, or ACRE for short. It is being offered as an alternative to the direct and counter-cyclical payment option (DCP) authorized under the 2003 farm bill. The current counter-cyclical payment (CCP) program becomes effective when the national season average marketing price for a commodity is below the trigger price for that commodity. However, participation in ACRE reduces direct payments (DPs) and lowers marketing assistance loan rates.



ACRE — Producers of USDA program commodities such as soybeans, wheat and corn have the option to enroll in a new counter-cyclical revenue plan. The program is called Average Crop Revenue Election, or ACRE for short. It is being offered as an alternative to the direct and counter-cyclical payment option (DCP) authorized under the 2003 farm bill. The current counter-cyclical payment (CCP) program becomes effective when the national season average marketing price for a commodity is below the trigger price for that commodity. However, participation in ACRE reduces direct payments (DPs) and lowers marketing assistance loan rates. (link)

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