Tuesday, April 6, 2010

USDA Releases 2010 Benchmark State Yields and Actual 2009 State Yields
"April 1, 2010 - USDA today released 2009 actual and 2010 benchmark yields for Average Crop Revenue Election (ACRE) program for wheat, long grain rice, medium grain rice, oats and barley in a majority of states. USDA will publish data for additional states and other crops as it becomes available.

Actual and benchmark yields are used in calculating payments through ACRE, which provides producers an option to protect themselves against declines in market revenue. The latest benchmark and actual yields, along with detailed information about the ACRE program and ACRE calculations, can be found at: http://www.fsa.usda.gov/dcp."

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