Saturday, 3 July 2010

Assistance Options

Seeking Help From Capitol Hill

Carroll Smith
Senior Writer

Assistance Options

During these early November meetings with the House and Senate Agricultural Committee staff (majority and minority), four assistance options were discussed: Modifications to the Supplemental Revenue Assistance Payments (SURE) program, traditional disaster assistance, increasing the limit for low-interest loans and supplemental direct payment.

According to the USDA, "The 2008 Farm Bill created a permanent disaster program (SURE) to replace the 'ad hoc' disaster programs of past years. This is a revenue-based program that uses a formula to compare the expected revenue to actual revenue for the entire farming operation."

Traditional disaster assistance made payments based on individual crop losses or insurance units. Barr notes that this was the second choice of assistance and already contains provisions for non-program crops.

source : cottonfarming


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