Home / News / Policy news / USDA releasing $257 million in CSP contract payments

USDA releasing $257 million in CSP contract payments

Agriculture.com Staff 10/30/2007 @ 9:38am

Acting Secretary of Agriculture Chuck Conner this week announced that nearly $257 million in Conservation Security Program (CSP) payments are being readied for all 19,393 contracts with eligible landowners and producers.

The payments announced Monday are for current contracts in all 280 CSP watersheds. CSP contract holders will receive payment in full for the current Fiscal Year 2008 contract obligations and will be given the option of receiving their payment in calendar year 2007 or 2008. CSP program participants should contact their local Natural Resources Conservation Service (NRCS) office so their payments can be processed.

In preparation for the 2007 farm bill, USDA submitted a proposal that calls for substantial reform and improvement of the Conservation Security Program with a goal of conducting nationwide signups. Currently CSP is offered on a rotating watershed basis as funds are available.

USDA's Natural Resources Conservation Service anticipates the next CSP signup to take place in early 2008 in the 51 eligible watersheds announced in September 2006. These watersheds include more than 64,500 potentially eligible farms and ranches in nearly 24 million acres of cropland and grazing land throughout the United States, the Pacific Islands and the Caribbean Area.

Acting Secretary of Agriculture Chuck Conner this week announced that nearly $257 million in Conservation Security Program (CSP) payments are being readied for all 19,393 contracts with eligible landowners and producers.

CancelPost Comment
MORE FROM AGRICULTURE.COM STAFF more +

Farm and ranch risk management resources By: 07/07/2010 @ 9:10am Government resources USDA Risk Management Agency Download free insurance program and…

Major types of crop insurance policies By: 07/07/2010 @ 9:10am Crop insurance for major field crops comes in two types: yield-based coverage that pays an…

Marketing 101 - Are options the right tool… By: 07/07/2010 @ 9:10am "If you are looking for a low risk way to protect yourself against prices moving either higher or…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Markets Finish Mixed