FARM BUSINESS NEWS
Minding Ag's Business
Marcia Zarley Taylor DTN Executive Editor
Thu Jul 31, 2014 10:56 AM CDT

Don't let your future farm program payments suffer from obsolescence.

For the first time since 2002, the new farm bill authorizes landowners to file updates on Farm Service Agency (FSA) yields on their properties, using 90% of their 2008-2012 averages. They also have the chance to reallocate--but not increase--historic base acres to be more reflective of recent planting and production.

"The two choices are separate decisions, but this is a one-time option—so don’t miss this important chance to impact your bottom line," advises Todd Jennison, an agribusiness consultant with Kennedy and Coe in Garden City, Kan. Whatever farm program ...

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