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Prime farmland is important because it provides an environmentally sound base for crop production. The central three-fourths of the state are especially well suited for growing crops, while hilly areas in the northwest and south provide excellent pasture for livestock.
The Commodity Credit Corporation (CCC) is a Government-owned and operated entity that was created to stabilize, support, and protect farm income and prices. CCC also helps maintain balanced and adequate supplies of agricultural commodities and aids in their orderly distribution.
MEMBER'S INFORMATION. Producers are required to complete this form to report information about their farming operation. This information is used by FSA to determine the ownership interest of entities for payment limitation purposes.
For ?actively engaged in farming? and other payment eligibility/limitation determinations.
A CCC loan involves a farmer pledging bushels of grain as collateral for a loan. The loan allows the farmer to create cashflow without the need to sell the grain. If prices rise, the grain can be sold, and the loan (and interest) paid off with the farmer keeping the balance.
The Census of Agriculture defines ?land in farms? as ?agricultural land used for crop, pasture, or grazing,? but also includes ?woodland and wasteland not actually under cultivation or used for pasture or grazing, provided it was part of the farm producer's total operation? and various farmland retirement program ...
Illinois often ranks first in soybeans, second in corn production, and fourth in hog production. It is also No. 9 for the number of farms and 14th in the nation for winter wheat production. The Land of Lincoln is 27th for cattle.
FARM OPERATING PLAN FOR AN INDIVIDUAL This form is to be completed by, or on behalf of, an individual who is seeking benefits from the Farm Service Agency (FSA) as an individual (and not as part of an entity) under one or more programs that are subject to the regulations at 7 CFR Part 1400.