|
Newport Independent - Newport, AR
  • FSA Farm Reconstitutions announced

  • Famers requesting farm combinations and farm divisions must do so before August 01, 2013 for farms subjects to DCP, according to James M. Barnes, CED.
    • email print
  • Landowner Method The designation by landowner method is the division of bases in the manner agreed to by the parent farm owner and purchaser or transferee. It may be used when any of the following apply: (1) part of a farm is sold or ownership is transferred; (2) farm ownership is transferred to two or more persons (3) farm ownership is transferred to two or mor persons (4) part of a tract is sold or ownership is transferred; (5) a tract is sold to two or more persons; or (6) tract ownership is transferred to two or more persons. Other Methods of Division Estate Method - the division of bases, for a parent farm among heirs in settling and estate; DCP Cropland Method - the division of bases in the same proportion that the DCP cropland for each resulting tract relates to the DCP cropland on the parent tract; Default Method - the division of bases for a parent farm with each tract maintaining the bases attributed to the tract level when the reconstitution is initiated in the system. Priority Order 1. Estate, 2. Designation by landowner, 3. DCP cropland, 4. Default USDA is an equal opportunity provider and employer.

        calendar