According to the Coshocton Farm Service Agency’s latest enewsletter, federal sequestration – the across the board spending cuts affecting all agencies – will likely reduce payments for certain FSA programs.
It is expected that Fiscal Year 2013 benefits issued under both the Direct & Counter-cyclical Payment (DCP) program and the Conservation Reserve Program (CRP) will be reduced. While the final reduction percentage has not been officially announced, benefits are expected to be reduced by around 5.1%.
The payment process normally begins for both these programs in the early part of October each year. Please be prepared for a possible delay in benefits that may occur due to program funding issues and/or staffing shortages.