OXFORD – Farmers who suffered weather-related crop losses during the 2001 or 2002 crop year have until Jan. 30, 2004, to apply for financial assistance under the Farm Service Agency’s Crop Disaster Program. Sign-up for the program began June 6, 2003.
Under the program, producers will be reimbursed for qualifying crop production and quality losses to crops that exceed 35 percent of the farms’ insured actual production history or the county average yield. Payments will be based on a percentage of an established price set by FSA. Funding is limited to $80,000 per producer.
Uninsured farmers who receive assistance on a crop that is insurable will be required to purchase “buy-up” coverage for the next two growing seasons. If insurance isn’t purchased for either of the years, then the disaster payment must be refunded with interest.
“We encourage farmers to explore pricing options with their local crop insurance agents now so they can factor that cost into their future operating plan” said Laura M. Rand, county executive director for Oxford County Farm Service Agency.
For more information, farmers should contact the Oxford County FSA office at 743-5789.
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