ACRE Program Education

Name and Position/Title:
Craig Chase, Tim Eggers, Ron Hook, Jim Jensen, Steve Johnson, Kelvin Leibold, Robert Tigner, Bob Wells, Don Hofstrand, William Edwards, Chad Hart, Ann Johanns - Farm Management Specialists

Fiscal Year Submitted: 
2010

POW Title and Number: 
120 Farm and Business Management

Title: 
ACRE Program Education

Issue: 
Over 154,000 operators and landowners in the state of Iowa were expected to sign-up in 2009 for the new Direct & Counter-Cyclical Program (DCP). Changes brought about in the 2008 Farm Bill required participants to compare the traditional program to the new Average Crop Revenue Election (ACRE) program.  The ACRE enrollment decision required comparing individual farm yields and understanding the interaction of both state yields and farm yields along with national average cash prices.  The decision to enroll a farm in ACRE required giving up 20% of a farm’s Direct Payments (DP) and an irrevocable contract to participate through the 2012 crop year. Thus determining the risk of not enrolling versus the reward should low yields or decline in national cash prices. The decision regarding the likelihood of triggering a revenue payment annually required training and analytical tools to understand potential outcomes.

Response: 
Farm Management Specialists planned, coordinated, conducted and evaluated an extensive outreach effort that included:

Outcome: 
A total of 17,249 Iowa farms enrolled in the 2009 ACRE program. Iowa had the 3rd highest enrollment in the nation which included 11.81% of the state’s farms and 16.34% of all eligible farm program acres.  Annually farmers and landowners will have an opportunity to enroll additional farms in the ACRE program. The ACRE Program Education effort will continue in 2010 and 2011 with the use of dedicated web pages, updated Decision Tools, press releases, webcasts and webina

2010

120 Farm and Business Management

Page last updated: May 5, 2010
Page maintained by Linda Schultz, lschultz@iastate.edu