USDA News Release: Early CRP Contract Termination For Those Eligible
Lexington,KY.August 18, 2014 USDA Kentucky Farm Service Agency (FSA) Executive Director, John W. McCauley reminds producers that as of Aug. 6, producers with acres under contract through the Conservation Reserve Program (CRP) can apply for early contract termination, as required by the 2014 Farm Bill. The deadline to request early CRP contract termination is Jan. 30, 2015.
The effective date for early termination is no earlier than October 1, 2014. The CRP contract must been in effect for at least five years and other conditions must be met. The 2014 Farm Bill identifies 10 exceptions whereby land will not be eligible for the early-out provisions. For a complete list of these exceptions, please view the program fact sheet online at: http://www.fsa.usda.gov/Internet/FSA_File/crp_opt_out_fact_sht.pdf
"Once a CRP contract termination request is approved by the FSA County Committee, the decision cannot be reversed and the contract cannot be reinstated," said McCauley. "Likewise, producers must meet conservation compliance provisions for all land that will be returned to production."
For more information on or to determine eligibility for early termination of existing CRP contracts, please contact your local FSA office. For localFSAServiceCentercontact information, please visit: http://offices.sc.egov.usda.gov/locator/app.