Federal farm program payments to decline 17.7 percent in 2011
WILLMAR -- According to the U.S. Department of Agriculture, government payments paid directly to producers are expected to total $10.2 billion in 2011, a 17.7 percent decrease from the estimate of $12.4 billion paid out in 2010.
Direct payments under the Direct and Counter-cyclical Program and the Average Crop Revenue Election program are forecast at $4.71 billion for 2011, down 4.4 percent relative to the 2006-10 average.
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