Email Us! Facebook Facebook You Tube Join Now
(309) 663-6497

NEW CRP FARMLAND TRANSFER POLICY

The U.S. Department of Agriculture has announced a new policy designed to allow farmers to take land out of a conservation program early if it is to be transferred to the next generation of farmers. Normally, early termination of a CRP contract requires repayment of all previous payments plus interest. The new policy waives this repayment if the land is transferred to a beginning farmer or rancher,  (AP, 1/2).

This entry was posted in Agriculture News. Bookmark the permalink. Both comments and trackbacks are currently closed.