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Farm program deadline nears
COLLEGE STATION -- The U.S. Department of Agriculture Texas Farm Service Agency Executive Director Judith A. Canales reminds producers that any succession-in-interest changes made to an operation that affect interest in base acres since the current Direct and Counter-Cyclical Program (DCP) contract on file was signed, must be reported to the local Farm Service Agency office by close of business Monday, Sept. 30.
Changes that qualify as a succession-in-interest include:
•Sale of land
•Change of operator or producer, including an increase or decrease in the number of partners
•Foreclosure, bankruptcy, or involuntary loss of the farm
•Change in producer shares to reflect changes in the producer’s share of the crop(s) that were originally approved on the contract.
“In the event of a succession-in-interest, the ‘predecessor’ is required to refund any advance DCP payments received for the affected base acres before a payment can be made to the successor,” said Canales. “Failure to report a succession-in-interest can result in contract termination and a loss of program benefits for all producers involved.”
The American Taxpayer Relief Act of 2012, enacted on Jan. 2, 2013, amends the Food, Conservation, and Energy Act of 2008 and provides for a one-year extension of the DCP program.
Further information on DCP is available at the local Farm Service Agency office, located at 1106 10th St. (U.S. 181) in Floresville or on Farm Service Agency’s DCP website at www.fsa.usda.gov/dcp.
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