Noem Introduces CRP Payment Fix
Washington, D.C. – Rep. Kristi Noem today introduced the Fair CRP Payment Act to better ensure CRP rates accurately reflect the current cost of renting farmland.
“Growing up, my dad always talked about how important it was to have access to land, because, as he would say, ‘God isn’t making more of it,’” saidNoem. “The ag economy can change significantly from year-to-year, and if CRP rates aren’t updated quickly enough, they can distort local rental markets and make it difficult for farmers – particularly beginning farmers – to access productive farmland. I’m hopeful this legislation will ensure producers don’t have to compete with unfair CRP rates.”
CRP payments are based on county rental rate averages. Currently, the National Agricultural Statistic Service (NASS) conducts rental rate surveys every other year, resulting in slow reactions to market changes. Under Noem’s Fair CRP Payment Act, rental rate surveys would be conducted annually to more accurately reflect rate changes.
Last week, Noem joined members of the House Agriculture Committee for a Farm Bill listening session to hear from producers about changes needed in ag policy. In addition to today’s legislation, Noem has introduced the DRY Act and the Wetland Determinations Efficiency and Transparency Act, which are all being considered as the Farm Bill moves forward.