Supplemental Revenue (SURE) Education Program

Name and Position/Title:
Steven Johnson, Farm Management Field Specialist

Fiscal Year Submitted:
2011

POW Title and Number:
Farm and Business Management: 121 Risk Management Education

Title: Supplemental Revenue (SURE) Education Program

Issue (Who cares and Why):  
In 2008 Iowa farmers suffered millions of dollars in financial losses as crop yields were disseminated by flood waters and tornado force winds. By harvest the global financial crises triggered a decline in corn and soybean futures prices of more than 25% of those that were guaranteed for crop insurance purposes.

The 2008 Farm Bill provided a new disaster assistance program called Supplemental Revenue (SURE) assistance payments program. It was available to all Iowa producers beginning with the 2008 crop. This program was tied to the crop insurance decisions farmers had made in the spring of 2008 as well as a September 16th, 2008, deadline for insuring uninsured crops.

In 2008, 91 Iowa counties met the first criteria of eligibility being either a Secretarial Disaster Designation or a contiguous county that joins them. Many farms that experienced a loss in crop revenue need to be knowledgeable about the additional requirements for the new SURE program.

What Did You Do? (Outputs – these may include educational meetings, demonstrations or research, media, facilitating, partnering) 
Iowa State University Extension Farm Management State and Field Specialists partnered with the USDA Farm Service Agency (FSA) to educate Iowa’s 154,000 farm operators and landowners about the 2008 Farm Bill including the SURE program.

Over 200 meetings, seminars and workshops were conducted statewide by ISU Extension in partnership with USDA state and county FSA representatives. Another 5,000 individuals participated in a variety of webinars and webcasts coordinated by ISU Extension in partnership with FSA and the Iowa Farm Bureau Federation.

Results (Outcomes – was there a increase in knowledge, new skills learned, new decisions made, new practices implemented, increased profitability, new standards, enhanced quality of life) 
ISU Extension in partnership with the USDA Farm Service Agency (FSA) helped build the knowledge that farmers needed to understand and enroll in the new Supplemental Revenue (SURE) assistance payments program. As a result, thousands of Iowa farms qualified for 2008 SURE payments that totaled over $239 million statewide. Despite the impact of adverse weather and significant drop in corn and soybean futures prices, Iowa farmers recorded a record net farm income in 2008.

Page last updated: June 22, 2011
Page maintained by Julie Honeick, jhoneick@iastate.edu