PA FSA Highlights Fiscal 2011 Program Accomplishments
The Pennsylvania Farm Service Agency has released recently compiled statistics showing the economic impact of FSA farm program payments throughout Pennsylvania for fiscal year 2011, which ran from October 1, 2010, through September 30, 2011.
During this time period, the USDA Farm Service Agency delivered more than $65.3 million in federal program payments, and more than $72.6 million in direct and guaranteed operating loans to farmers and producers across the commonwealth.
“The accomplishments of our FSA county offices demonstrate not only our commitment to the producers of Pennsylvania, but the economic assistance FSA programs provide to rural communities throughout the state,” said Bill Wehry, FSA’s state executive director in Pennsylvania. “These payment accomplishments are pointed reminder of the critical role for FSA within Pennsylvania’s agriculture community.”
Highlights by program include:
$37.7 million in Commodity program payments
$20,965,677 - Direct and Counter-cyclical Program
(DCP)- Direct payments provide income support to producers of eligible commodities based on production history (acreage and yields) and do not depend on the current production choices. Counter- cyclical payments are made when the effective price for eligible commodities is less than the target price.
$1,092,193 - Average Crop Revenue Election Program (ACRE) – provides producers a revenue based payment as an alternative to commodity price based counter-cyclical payments.
$77,438 – Milk Income Loss Contract (MILC) – provides compensation to dairy producers when domestic milk prices fall below a specified level.
$13,120,114 – Price Support - provides financial assistance to producers when the commodity prices are low. This includes price support loans, LDPs, TAAs, and market loss assistance payments.
$2,456,143 – Farm Storage Facility Loans (FSFL) – provides producers loans on storage structures and equipment for agricultural commodities.
$24.8 million in Conservation program payments
FSA continues to make strides toward conserving and improving soil, water, and wildlife resources in Pennsylvania. The Conservation Reserve Program is the USDAís single largest, most effective environmental program. Conservation investments for Pennsylvania in FY 2011 include:
$24,671,498 – Conservation Reserve Program (CRP) – provides financial incentives, cost-share and rental payments to producers who convert highly erodible cropland or environmentally sensitive acreage to longtermvegetative cover.
$20,441 – Biomass Crop Assistance Program (BCAP) – assists land owners and operators with collection, harvest, storage and transportation, of eligible material used in a biomass conversion facility.
$ 27,754 – Emergency Conservation Program (ECP) – provides emergency funding for farmers and ranchers to rehabilitate farmland damaged by natural disasters and to carry out emergency water conservation measures during periods of severe drought.
$160,009 – Grassland Reserve Program (GRP) – is a voluntary program designed to protect grasslands from conversion to cropland. Producer rental payments provide an incentive to maintain pastures for grazing.
$2.3 million in Disaster Assistance program payments
From drought to flood, freeze to tornadoes and hurricanes – no production agriculture operation is immune to the effects of natural disasters. Pennsylvania FSA was financially responsive to the state’s producers.
$1,349,623 – Dairy Loss Assistance Program (DLAP) – provides a onetime payment to assist dairy producers that suffered low milk prices and high production costs.
$486,808 – Supplemental Revenue Assistance Program (SURE) – provides payments to producers when farm revenue losses are due to natural disasters.
$287,783 – Non-Insured Crop Disaster Assistance Program (NAP) – The NAP program provides financial assistance to producers of noninsurable crops when low yields, loss of inventory, or prevented planting occurs due to natural disasters.
$2,215 – Livestock Forage Program (LFP) – provides funding for livestock feed losses.
$173,359 – Emergency Livestock Assistance Program( ELAP) – provides financial relief to livestock producers.
$79,128 – Livestock Indemnity Program (LIP) – provides benefits to livestock producers when animal deaths in excess of normal mortality caused by adverse weather that occurred from Jan. 1, 2008 to Oct. 1, 2011.
$ 72.6 million in Farm Loan program payments
FSA obligated $72,641,330 in direct and guaranteed operating loans, farm ownership loans, emergency loans, youth loans, socially disadvantaged loans, and loans to beginning farmers throughout the state of Pennsylvania.
$32,055,000 – Guaranteed Loans – FSA guarantees loans made by conventional agricultural lenders. In FY 2011, FSA in Pennsylvania guaranteed 132 farm ownership and farm operating loans.
$ 39,433,000 – Direct Loans - FSA provides assistance to those unable to obtain guaranteed loans. In FY 2011, FSA in Pennsylvania funded 503 farm ownership and farm operating loans.
$92,340 – Youth Loan - In FY 2011, Pennsylvania funded 25 youth loans.
$29,199,000 – Beginning Farmer Loans – In FY 2011, Pennsylvania funded 303 beginning farmer loans.
$8,960,000 – Socially Disadvantaged Loans – In FY 2011, 111 loans for socially disadvantaged producers were made in Pennsylvania.
$1,153,390 – Emergency & Conservation Loans – In FY 2011 Pennsylvania made 9 of these direct loans.
For more information concerning the Pennsylvania Farm Service Agency, visit www.fsa.usda.gov/pa.