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USDA to Begin Issuing $2.14 Billion to Agricultural Producers through Key Conservation and Safety-Net Programs

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USDA to Begin Issuing $2.14 Billion to Agricultural Producers through Key Conservation and Safety-Net Programs

October 24, 2024 admin Comments Off

Huron, South Dakota, Oct. 21, 2024 – The U.S. Department of Agriculture (USDA) today announced that it will begin issuing more than $2.14 billion in payments to eligible agricultural producers, and landowners—providing much needed support through key conservation and safety-net programs. Producers should soon receive payments from USDA’s Farm Service Agency (FSA) for their participation in these programs aimed to conserve natural resources and keep family farms economically viable.

Specifically, program participants are expected to receive more than $1.7 billion through the Conservation Reserve Program (CRP) and CRP Transition Incentive Program (CRP TIP) and more than $447 million through the Agriculture Risk Coverage and Prices Loss Coverage (ARC/PLC) programs. Additionally, FSA is announcing an investment of $21 million for projects to better measure the effectiveness of CRP.

“Conservation and safety net program payments are significant investments in preserving and protecting our valuable and vulnerable natural resources and they provide protection for producers impacted by market volatilities,” said Steve Dick, FSA State Executive Director in South Dakota. “These programs support voluntary land stewardship and provide agricultural producers with risk protection and production stability, keeping them in business and feeding the world.”