CRP enrollments headed lower
Sep 27, 2013
Pro Farmer Extra
- From the Editors of Pro Farmer newsletter -
September 27, 2013
CRP acreage enrollment headed lower
At the end of August, 26.876 million acres were in the CRP, including 21.395 million acres enrolled via general signups and another 5.481 million acres enrolled via continuous signup efforts.
USDA data shows that contracts on 3,299,907 acres will mature as of Sept. 30, but data shows that new contracts will kick in on 1,369,369 acres of those maturing acres. That should mean that 1,930,538 acres currently in CRP would be able to be brought back into production for the 2014 growing season. In addition, under signup 45 there were contracts awarded on 314,661 acres that were not currently in CRP which would bring the net acres exiting the program as of Sept. 30 down to 1,615,877 acres.
Recall that under the signup 45 held earlier this year, more than 81 percent of the 1,684,030 acres enrolled via that effort are acres that were under contracts which expire Sept. 30.
Under signup 45, the percentage of acres offered for a new contract that were under a CRP contract that matures Sept. 30 was 41 percent. On a state-by-state basis, that varied from 12 percent in South Dakota to 71 percent in Washington state.
In the heart of the Corn Belt, only 36 percent of maturing Illinois CRP acres landed a new contract with 20 percent in Indiana and 21 percent in Iowa. Only 16 percent of the maturing acres in Minnesota qualified for a new contract. By contrast, Texas – with the largest number of total CRP acres – saw 66 percent of the maturing acres get new contracts that start Oct. 1 with 57 percent of maturing acres in Kansas.
Follow Pro Farmer Editor Chip Flory on Twitter: @ChipFlory
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