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USDA EXPECTS RECORD SIGN UP IN CRP PROGRAM
Nov. 4, 2019
Agri-Pulse reports:
Agriculture Department officials and some outside experts expect landowners to sign up for the land-idling Conservation Reserve Program in the largest numbers in at least a decade due to the slow farm economy.
It's not clear, however, how much interest will be lowered or raised by a series of changes made to the 34-year-old program by the 2018 farm bill, including a new cap on payment rates that was intended in part to discourage landowners from taking valuable cropland out of production.
The general signup for CRP set to begin in December will be the first in four years and comes as farmers continue to struggle with low prices and commodity prices, issues that predated the ongoing trade war with China.
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