Delta Council
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USA RICE FARM BILL UPDATE

Maintenance and Enhancement of the Price Loss Coverage Program
  • Reference Price: $14/cwt. for long- and medium-grain with an increase to Temperate Japonica’s reference price (124% of $14/cwt.)
  • Payment Yield: One-time, voluntary update to payment yields that would go into effect for the 2020 crop year
  • Actively Engaged Rules: Expands the definition of “family” to include nephews, nieces, and first cousins
  • Sequestration: Applies sequestration cuts before applying the payment limitation, allowing for a true payment limit of $125,000 per individual or $250,000 per couple 
Increase to Loan Rates
  • Loan Rate for long- and medium-grain rice increased from $6.50 to $7.00 per cwt.
Maintenance and Enhancement of Conservation Programs
  • Reauthorizes the Conservation Stewardship Program (CSP)
  • Increases funding for the Environmental Quality Incentives Program (EQIP)
  • Funds the Regional Conservation Partnership Program (RCPP) at $300 million per year and provides greater program flexibility 
433 STONEVILLE RD                     STONEVILLE, MISSISSIPPI 38776                      (662) 686-3350                     [email protected]