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Production Flexibility Payments for Contract Commodities

Published on AidPage by IDILOGIC on Jun 24, 2005

Administered by:

US Federal Government Agency (see all agencies)
Department of Agriculture , Farm Service Agency
CFDA #: 10.055

How much financial aid...

Range and Average of Financial Assistance

The production flexibility contract payments for the 2000 crops as of December 31, 2001 consisted of: $2,719,900,000 for feed grains; $1,336,361,000 for wheat; $574,433,000 for upland cotton; and $432,865,000 for rice. The estimated production flexibility contract payments for the 2002 crops as of December 31, 2001 are: $713,770,000 for feed grains; $373,723,000 for wheat; $108,675,000 for upland cotton; and $45,287,000 for rice. Cotton, feed grain, wheat and rice production flexibility contract payments, in total, may not exceed $40,000 to any one person during any fiscal year.

Note: This section lists the representative range (smallest to largest) of the amount of financial assistance available. These figures are based upon funds awarded in the past fiscal year and the current fiscal year to date. Also indicated is an approximate average amount of awards which were made in the past and current fiscal years.

Obligations

(Production Flexibility Contract Payments) FY 03 $5,056,953,514; FY 04 $4,071,721,000; and FY 05 est $0. Obligations include the amounts formerly in 10.052, 10.055, 10.058, and 10.065.

Note: The dollar amounts listed in this section represent obligations for the past fiscal year (PY), estimates for the current fiscal year (CY), and estimates for the budget fiscal year (BY) as reported by the Federal agencies. Obligations for non-financial assistance programs indicate the administrative expenses involved in the operation of a program.

Account Identification

12-4336-0-3-351.

Note: Note: This 11-digit budget account identification code represents the account which funds a particular program. This code should be consistent with the code given for the program area as specified in Appendix III of the Budget of the United States Government.