OXFORD – Farmers who plant corn and other grain commodities have until June 1 to enroll in the U.S. Department of Agriculture’s 2004 Direct and Counter-Cyclical Program.

The federal farm program, administered by the Farm Service Agency, provides growers a level of economic stability in a volatile grain market.

Applications received after June 1 will be considered late-filed. Late-filed applications will be accepted through Sept. 30 but will incur a $100 late filing fee per farm.

Advance payments can be issued once a contract is approved and other required eligibility forms and 2004 rental agreements, if applicable, are filed.

Producers will receive direct payments at rates established by statute regardless of market prices.

The earliest possible counter-cyclical payment would be in October.

Any farm not enrolled in the 2004 DCP program would retain eligibility for the 2005 DCP program.

Farmers who want to apply for the 2004 DCP program or need additional information should contact their local FSA office.