FARM BUSINESS NEWS
FSA: Direct Payments to Be Cut 8.5%
Jerry Hagstrom DTN Political Correspondent
Wed Apr 3, 2013 09:43 AM CDT

WASHINGTON (DTN) -- The Agriculture Department will cut the direct payments for all crop farmers by 8.5% this year, not just for farmers who would be required to pay back certain other payments, a representative for the USDA's Farm Service Agency has confirmed to DTN.

"Sequestration limits options for the Farm Service Agency significantly, but we are committed to carrying out these required cuts in a way that provides the least disruption to our customers," the FSA representative said.

FSA will reduce direct payments in order to avoid requiring about 350,000 producers to refund a portion of the payments they ...

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