USDA Signup Opens For 2008 Payments

USDA computes DCP payments using base acres and payment yields established for each farm. Eligible producers receive direct payments at rates established by statute regardless of market prices. For 2008, eligible producers may request to receive an advance payment of 22% of the direct payment for each commodity associated with the farm. USDA will issue advance direct payments as soon as practical after enrollment. Final direct payments will be issued after Oct. 1, 2008.

The electronic service is available by going to http://www.fsa.usda.gov and clicking on “Access eDCP Service.” To access the service, producers must have an active USDA eAuthentication Level 2 account. To get a Level 2 account, producers must complete an online registration form at http://www.eauth.egov.usda.gov and then visit the local USDA Service Center to verify their identity.

Since 2002, USDA has issued approximately $40 billion in DCP payments to America’s agricultural producers.

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