Friday, May 8, 2009

ACRE Decision Aid Program Ready for Use

Texas A&M University's Agricultural and Food Policy Center has developed a web-based decision aid to assist producers in comparing the old CCP program to the new ACRE program. ACRE stands for Average Crop Revenue Election and is an option under the new farm bill. Producers will be faced with a decision to choose one option or the other. According to a recent TAMU AgNews article, "The tool will help producers in deciding whether to continue receiving counter-cyclical payments (CCP) triggered during times of low prices, or opt for a revenue-based payment known as Average Crop Revenue Election (ACRE) triggered by low prices and/or yields". For the full article go to http://agnews.tamu.edu/showstory.php?id=1142.

For the decision aid program go to http://www.afpc.tamu.edu/models/acre/index.php