USDA to Issue Peanut and Cotton Payments

Randall Weiseman Alabama, Cotton, Field Crops, Florida, Georgia, Peanuts

Tyron SpearmanUSDA has announced they will issue approximately $121 million in partial 2009-crop counter-cyclical payments to producers with upland cotton and peanut base acres enrolled in USDA’s Direct and Counter-cyclical Payment (DCP) program, as Tyron Spearman has the details.

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For more information on the direct and counter-cyclical payment programs including a table displaying the target price, projected average market price, loan rate, direct payment rate, effective price and projected counter-cyclical rates, visit your local FSA office or the FSA DCP Website: