Photo courtesy of Virtual Tourist
The Idaho Department of Agriculture announced that the deadline for assistance from 2008 crop year losses is September 30, 2010. This assistance falls under the USDA Farm Service Agency 2008 Supplemental Revenue Assistance (SURE) program.
SURE assists eligible producers with funding to cover crop quality or production losses. The assistance is equivalent to 60 percent of the difference between the farm revenue and farm guarantee. The total farm revenue
includes the actual value of production, insurance payments and farm program payments.
Eligible producers suffered at least 10 percent production loss and must have a risk management plan that includes a plan of insurance.
Idaho Farm Service Agency State Executive Dick Rush told Ag Weekly, “Some Idaho producers had sprout damage in their 2008 crop, other areas had heavy rain and frost that damaged many crops int eh state. SURE is a new program that considers the disaster’s impact on farmer’s entire enterprise, not just the crop impacted by weather or other natural disasters.”
If you are in the market for a farm loan, contact Farm Plus today for information on low-rate farm and ranch loans. Call 866-929-5585, toll free, to speak with a representative or visit our website for more information.