USDA Farm Service Agency Administrator Bruce Nelson reminds producers the 2012 deadline to enroll in the Direct and Counter-Cyclical Payment program is June 1. Nelson says – I encourage all producers interested in DCP to visit the service center where their farm is administered and sign up before the busy planting season gets underway. Enrollments cannot be accepted after the deadline.
DCP provides payments to eligible producers on farms enrolled for any of the 2008 through 2012 crop years. There are two types of DCP payments: direct payments and counter-cyclical payments. Both are calculated using the base acres and payment yields established for the farm. DCP is authorized by the Food, Conservation, and Energy Act of 2008.