Agriculture Secretary Tom Vilsack today announced that USDA has implemented the new Supplemental Revenue Assistance Payments program (SURE) in accordance with the 2008 Farm Bill. Vilsack also encouraged producers to visit their USDA Farm Service Agency (FSA) county office beginning on January 4, 2010, to participate in the program if they suffered crop production losses during the 2008 crop year.
“This program is an important component of the farm safety net and will provide financial assistance to producers who have suffered crop losses due to natural disasters,” said Vilsack. “Producers will receive payments beginning in January, in time to help them with planning for next year’s crop.”
SURE provides crop disaster assistance payments to eligible producers on farms that have incurred crop production or crop quality losses. The program takes into consideration crop losses on all crops grown by a producer nationwide. SURE provides assistance in an amount equal to 60 percent of the difference between the SURE farm guarantee and total farm revenue.
To be eligible for SURE, producers must have suffered at least a 10 percent production loss on a crop of economic significance. In addition, producers must meet the risk management purchase requirement by either obtaining a policy or plan of insurance, under the Federal Crop Insurance Act or NAP coverage, for all economically significant crops.
For more information on the new SURE program, please visit your local FSA county office or http://www.fsa.usda.gov.
Source: USDA News Release
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