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USDA Update February 1, 2017

By Dawna Weirich

February 1, 2017
• County Committee Meeting - 2nd Tuesday each month.
• February 3rd - SCALE Expo – Lamar Comm. College Wellness Center
• February 3rd -  NRCS deadline for CSP (Conservation Stewardship Program)
• February 17th – NRCS deadline for EQIP (Environmental Quality Incentives Program)
• March 15th – 2017 NAP application date for Spring Crops
• March 15th – July 15th -  CRP Primary Nesting Season – NO Activity permitted on CRP
•  March 31st - Last day to request LDP or Marketing Loan for 2016 wheat.
• CRP Continuous Signup - Lesser Prairie Chicken, CRP Grassland and HELI (Highly Erodible Land Initiative) acre available.  Producers interested are urged to contact FSA Office. 
Disclaimer:  Information in this UPDATE is pertinent to Kiowa County FSA only.  Producers reading this and that do not have FSA interest in Kiowa County are advised to contact their local FSA Office.
IRS 1099’s
Producers are receiving the 2016 1099’s from the IRS for tax purposes.  We always encourage producers to review and verify the information on the 1099 agrees with your records.  Refunds made to CCC are NOT reflected on the 1099’s.  Producers haven’t had ‘market gains’ reflected on the 1099’s for many years and may not understand why the market gain is taxable. Producers are encouraged to contact the FSA office with any problems or discrepancies on the 1099’s.

Friday, February 3rd at the LCC Wellness Center CSU Extension along with LCC and KVAY Radio 105.7 are sponsoring Southeast Crops and Livestock Expo, ‘Scale’ for short. 
8:00 – 9:00 Trade Show & Registration
9:00- 12:00 Forums on Market Outlook, Breakeven Analysis, FSA Loan Programs and Management Strategies.
12:00- 1:30 Lunch and Trade Show - Nolan Doeskin - Colo. State Climatologist
2:00 – 3:30 Drones in Agriculture - Daniel Melia 
3:30 – 5:00 Trade Show
This will be a great opportunity for Farmers and Ranchers to listen and gain some valuable information in these trying economic times in agriculture.  There is no charge for the event, so plan on attending. 

ARCPLC 2017 Enrollment
 The 2017 ARCPLC contracts are printed and ready for producers to sign them and complete other eligibility paperwork.  The end of enrollment is August 31, 2017, however once spring and summer months roll around producers are busy in the fields with planting and harvesting.  When you are in town, stop in the office and complete the enrollment process.  Monday – Thursday 8:00 – 4:30, FSA reserves Friday’s as our catch-up day and ask producers to conduct business without any appointment required Monday – Thursday.  We appreciate your cooperation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               

The Posted County Price (PCP) for wheat continues to be above the loan rate, therefore no effective LDP rate was in effect this past week. 
Currently producers with marketing loans would repay principal plus interest because there is no effective LDP rate.  However, producers with Marketing Assistance Loans are encouraged to check the LDP rates daily.   Producers with commodity loans or who are considering applying for a commodity loan need to be aware of the options to repay the loan.  These include; repaying at the lessor of principal plus interest or the Posted County Price.   When repaying at the Posted County Price, a Commodity Certificate Exchange can be utilized to keep the market gain from applying to the $125,000 payment limitation. 

KIOWA County, COLORADO, Crop Year 2016
Commodity                          Effective Date            Loan Rate ($)           Effective PCP ($)           Effective LDP Rate* ($)
Wheat – HRW - bushel           1/23/2017                  $ 3.03                       $ 3.25                                  $0.0
                                           1/24/2017                  $ 3.03                       $ 3.23                                  $0.0
Wheat - Hard Red Winter        1/25/2017                 $ 3.03                       $ 3.24                                  $0.0
                                           1/26/2017                  $ 3.03                       $ 3.24                                  $0.0
                                           1/27/2017                 $ 3.03                        $ 3.25                                  $0.0

The website to check daily LDP rates is as follows: 
Telephone 719-438-5851 FSA (Ext 2), NRCS (Ext 3). FSA Fax number: fax2mail 844-332-7501
E-mail individuals This email address is being protected from spambots. You need JavaScript enabled to view it. (Example This email address is being protected from spambots. You need JavaScript enabled to view it., dawna.weirich, charla.ferris, hallie.barlow, marvin.watson, marlin.miller
Telephone 719-336-3437 (ext2) Natalie Bond; This email address is being protected from spambots. You need JavaScript enabled to view it.; Mary Rhoades, This email address is being protected from spambots. You need JavaScript enabled to view it.
Monday through Friday - 8:00 a.m. to 4:30 p.m.  By appointment only on Friday.
For information on programs visit our website located at www.fsa.usda.gov or like us on Facebook, or follow us on Twitter.

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