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USDA has announced that farmers can enroll in the Average Crop Revenue Election (ACRE) program beginning April 27. Growers have until Aug. 14 to make their decisions for the 2009 crop. USDA will not accept any late-filed applications. Those who elect the ACRE program for a farm agree to forgo counter-cyclical payments, accept a 20% reduction of the direct payments and accept a 30% reduction in loan rates for all commodities produced on the farm. For more information visit their website.
